Equity is a cheaper source of funding than debt. True False Bonds rated "B" by the major credit rating agencies are considered investment grade. True False
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answer both and explain why
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- What is the difference between Direct and Indirect Financing?Thinking about the definition of the term "flotation costs," should we expect the flotation costs for debt to be significantly lower than those for equity? Why or why not? how can the answer be supported.Is Collateralized debt obligation a good investment? Please explain in details.