Question

Fugate Inc. is considering these two alternatives to finance its construction of a new $2 million plant:
1. Issuance of 200,000 shares of common stock at the market price of $10 per share.
2. Issuance of $2 million, 6% bonds at face value.
Complete the table and indicate which alternative ispreferable.


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  • CreatedApril 07, 2014
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