Read Exploring Business – Chapter 13.6.

Group Assignment: You’re the CFO for a large corporation. Your CEO just showed you plans for a multimillion-dollar plant expansion and reminded you that it’s your job to raise the money. You have three choices: sell bonds, issue common stock, or issue preferred stock. Write a brief report that explains the advantages and disadvantages of each option. Conclude by stating your opinion on the best choice in today’s economic environment.

Play Kahoot!

Learning Target:

• I understand the advantages and disadvantages of equity and debt financing.