Question: Identify the incorrect statement regarding debit loans. Management has no discretion as to the amount it will pay investors They are made when a corporation

Identify the incorrect statement regarding debit loans.
Management has no discretion as to the amount it will pay investors
They are made when a corporation sells stock to investors and gives its holders a claim to the firm's profit stream
They include cash loans from banks and funds raised from the sale of corporate bonds to investors
They require the corporation to repay a predetermined portion of the loan amount at regular intervals regardless of how much profit it is making

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