You've been out of college for fifteen years, and now you're the CFO for a large corporation. Your CEO just showed you plans for a multimillion-dollar plant expansion and reminded you that it's your job to raise the money. You have three choices: sell bonds, issue common stock, or issue preferred stock. 

1. Briefly explain the advantages and disadvantages of each option.
2. Explain why  these are  the best choice in today's economic environment.

Answer rating: 100% (QA)

1 Selling Bonds Advantages Bonds allow you to borrow money from investors with a fixed interest rate ... View the full answer