Suppose your company needs $5,000,000 for expansion. Discuss the advantages/disadvantages of

1. borrowing $5 million on a 10 year note at 5% annual interest;
2. issuing a 10,000 bonds with $500 maturity value ten year bond with a coupon rate of 5% semi-annual interest
3. issuing 50,000 shares of Common Stock with a par value of $5 for $100 per share;
4. issuing 5,000 shares of $1,000 Par 5% preferred stock that is non-cumulative.