Problem 1Delray Technology is considering these two alternatives to finance its construction of a new $2 million plant:(a) Issuance of 200,000 shares of common stock at the market price of $10 per share.(b) Issuance of $2 million, 6% bonds at face value.Complete the table and indicate which alternative is preferable.Issue Stock.
Problem 1 Delray Technology is considering these two alternatives to finance its construction of a new $2 million plant:
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