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Generally, the total cost to issue securities (as a percent of total proceeds) is greater for common stock than for debt and Increases as the

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Generally, the total cost to issue securities (as a percent of total proceeds) is greater for common stock than for debt and Increases as the size of the issue increases is greater for debt than for common stock and decreases as the size of the issue increase is greater for debt than for common stock and increases as the size of the issue increases is greater tor common stock than for debt and decreases as the size of the issue increases

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