[Solved] Which of the following statements about the characteristics of debt and equity are true?

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Q.	Which of the following statements about the characteristics of debt and equity are true?
A.	They can both be long-term financial instruments.
B.	They both involve a claim on the issuer’s income.
C.	They both enable a corporation to raise funds.
D.	All of the above
Answer» D. All of the above

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