o Typically, the cost of equity is than the cost of debt because higher, there is a legal obligation of the repayment of the borrowed money in debt financing, but not in equity financing higher, there is a legal obligation of the repayment of the borrowed money in equity financing, but not in debt financing lower, there is a legal obligation of the repayment of the borrowed money in debt financing, but not in equity financing lower, there is a legal obligation of the repayment of the borrowed money in equity financing, but not in debt financing None of the answers are correct