Company A plans to raise $300 million to build a building to rent. The CFO of the company asked you to prepare a preliminary PowerPoint presentation for the Board of Directors outlining three financing options for the company: (1) private placement of bonds, (2) issuing preferred stock, or (3) issuing common stock.

(1) provide a general outline of the steps to be taken for each option, as well as the costs, benefits, and risks inherent in each option.