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A firm has three sources of financing: equity, convertible debt, and regular non-convertible debt. Can you rank the costs of capital of the three types?

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A firm has three sources of financing: equity, convertible debt, and "regular" non-convertible debt. Can you rank the costs of capital of the three types? Equity>Debt> Convertible Debt Debt>Equity> Convertible Debt Equity> Convertible Debt>Debt Debt> Convertible Debt>Equity

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