What are the main differences between corporate debt and equity? Why do some firms try to issue

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What are the main differences between corporate debt and equity?

Why do some firms try to issue equity in the guise of debt? How would you categorize preference shares?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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