According to the Pecking Order Theory, which of the following is the correct order of financing choices (from the first choice to the last resort)?

(A) Internal Fund, Risky Debt, Riskfree Debt, Common Stock, Preferred Stock, Hybrid Securities

(B) Internal Fund, Riskfree Debt, Risky Debt, Hybrid Securities, Preferred Stock, Common Stock

(C) Common Stock, Risky Debt, Preferred Stock, Internal Fund, Riskfree Debt, Hybrid Securities

(D) Riskfree Debt, Risky Debt, Hybrid Securities, Preferred Stock, Common Stock, Internal Fund