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Which of the Following Statements Concerning Bond Features Is (Are)correct

question 128

Multiple Choice

Which of the following statements concerning bond features is (are) correct?
I.Bondholders generally have voting power in a corporation.
II.Bond interest is tax-deductible as a business expense.
III.The repayment of the bond principal is tax-deductible.
IV.Failure to pay either the interest payments or the bond principle as agreed can cause a firm to go into bankruptcy.

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