Difference between equity financing and debt financing


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In 8 to 10 sentences, Discuss the difference between equity financing and debt financing. Why is it good to have a mix of both and not just one or the other? Also discuss the difference between common and preferred stock. What is the purpose of companies buying their own stock back?

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Financial Management: Difference between equity financing and debt financing
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