Both companies are in the same line of business and have been in business for the past five years. You have the firms' data for their operating incomes for the past five years. Happy Dog announced that it will issue preferred stock in the coming year. Black Sheep announced that it will retire some of its long-term debt in the coming year. Based on your data, which firm will be more exposed to financial risk in the coming year? Happy Dog Soap Black Sheep Broadcasting As an investor, your risk in an investment and the required rate of return will be based on the company's risk profile and the kind of security you choose to invest in. Based on your understanding of risk and required return for different types of securities, arrange the securities in the following table in the order of lowest risk to highest risk