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. According to the trade-off theory, which of the following is the least expensive form of financing? a. Common stock b. Preferred stock c. Corporate
. According to the trade-off theory, which of the following is the least expensive form of financing?
| a. | Common stock |
| b. | Preferred stock |
| c. | Corporate debt |
| d. | Retained earnings |
| e. | Government subsidies |
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