Define two differences between debt and equity $($i$.$e$.$ stock$)$ financing.$$

Bonds: describe this type of debt and indicate one advantage and one disadvantage of raising funds through the sale of this type of security.$$

Common Stock: describe this type of stock and indicate one advantage and one disadvantage of raising funds through the sale of this type of security.$$

Preferred Stock: describe this type of stock and indicate one advantage and one disadvantage of raising funds through the sale of this type of security.