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QN=48 (20305) Which one of the following is NOT true for a corporation? a. Interest paid on bonds issued last year is tax deductible.b. Common-stock dividends to be paid this year are not tax deductible.c. Common-stock dividends to be paid this year will be tax deductible if the firm has a net loss for the year.d. Preferred stock dividends to be paid this year are not tax deductible.
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