Which one of the following statements is a correct concerning the differences between debt and equity financing? Select one: a. Bond interest payments are not tax deductible by issuing companies b. Bondholders can vote when boards of directors are selected c. Bondholders have no legal recourse if interest or principal payments are missed d. A firm that is totally financed by equity cannot go bankrupt e. Issuing new bonds will dilute the ownership rights of existing shareholders