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Question 28 The Omega Company relies on preferred stock, bonds, and common stock for its long-term financing. Rank in ascending order (i.e., 1 = lowest,
Question 28
The Omega Company relies on preferred stock, bonds, and common stock for its long-term financing. Rank in ascending order (i.e., 1 = lowest, while 3 = highest) the likely after-tax component costs of the Omega Company's long-term financing.
Select one:
A. 1 = bonds; 2 = common stock; 3 = preferred stock.
B. 1 = bonds; 2 = preferred stock; 3 = common stock.
C. 1 = preferred stock; 2 = common stock; 3 = bonds.
D. 1 = common stock; 2 = preferred stock; 3 = bonds.
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