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Common stock financing has all of the following advantages except A) Choice 1: flexible B) Choice 2: reduced risk of financial distress due to fixed

Common stock financing has all of the following advantages except

A) Choice 1: flexible

B) Choice 2: reduced risk of financial distress due to fixed obligations

C) Choices 1 and 3 are advantages

D) Choices 1 and 2 are disadvantages

E) Choice 3: dilution of ownership

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