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Which one of the following statements is true? Bondholders are generally granted voting rights equal to those of common shareholders. Unpaid common stock dividends can
Which one of the following statements is true?
Bondholders are generally granted voting rights equal to those of common shareholders.
Unpaid common stock dividends can force a firm into liquidation.
Payments of both interest and dividends are tax-deductible as business expenses.
U.S. non-financial firms tend to use more debt than equity financing.
Debt increases the possibility of financial distress.
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