Explain difference between debt and equity

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Reference no: EM131926939

Explain the difference between debt and equity in your own words. Please be as specific as possible. Please include at least three of the following aspects:

1) Ownership interest;

2) Voting rights or decision rights;

3) Tax treatment on returns;

4) Riskiness;

5) Legal recourse if return is not paid

Reference no: EM131926939

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