Which one of the following is correct concerning bonds and bondholders?
A) A bondholder has the right to vote on key corporate decisions.
B) The interest paid on a bond is not tax deductible as a business expense.
C) A bondholder can never force a company into bankruptcy.
D) A bondholder is a partial owner of a corporation.
E) A bond can be sold privately and never offered to the public.
Correct Answer:
Verified
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