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Which statement about corporate bonds is correct? a. Issuing new bonds dilutes the existing ownership in the firm. b. Bonds provide equity financing. c. Interest
Which statement about corporate bonds is correct?
a. Issuing new bonds dilutes the existing ownership in the firm.
b. Bonds provide equity financing.
c. Interest paid to bondholders represents a tax-deductible business expense.
d. Debenture bonds require assets pledged as collateral.
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