In this week’s discussion, prepare a synopsis of the material discussed in the chapter readings. In your post, share any questions you may have regarding the managerial finance concepts presented in the textbook. This synopsis should be 450+ words and must be posted.
Please, address each of the questions below, in 100-150 words (per question). Include any relevant examples and links to your sources.
1. 1. Why are some advantages and disadvantages of firms’s use of long-term debt?
2. 2. Define and explain the concept of flotation costs.
3. 3. What are the benefits to investors of owning preferred stock?