The Traditional sources of capital for the firm are: equity capital (stocks) and debt capital (bonds/Notes) Yet, firms have been issuing some financial instruments with characteristics of both equity and debt. Required: Briefly list some of the advantages and disadvantages of of these instruments for the firm and the investor. The Traditional sources of capital for the firm are: equity capital (stocks) and debt capital (bonds/Notes) Yet, firms have been issuing some financial instruments with characteristics of both equity and debt. Required: Briefly list some of the advantages and disadvantages of of these instruments for the firm and the investor