10. Marks 24 points - JAGD Corp. has long used as sources of capital all of: bank loans, new issues of bonds, and periodic issues of common stock. Joseph Heron, the Chief Financial Officer, has grown concerned about the company's growing debt levels and the fixed interest payments they entail. However, other managers are also concerned about diluting ownership in the company should a recently-developed product line prove particularly profitable. Write a memorandum explaining how issuing preferred stock may address all of those concerns