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Describe a real company that used debt instead of stock, or vice versa, to raise new capital. What was the result? How was this decision
Describe a real company that used debt instead of stock, or vice versa, to raise new capital. What was the result? How was this decision interpreted by shareholders? What is your opinion as to the strategy the company used? Did it achieve the goal of minimizing WACC? In general, why do companies prefer one over the other?
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