Chapter 3

$750,000 seller financing $750,000 10-yr note (12% interest / accelerated upon default) TOTAL. $1,250,000 cash $750,000 seller financing. 100% common $500,000 preferred stock OR inside debt $1,250,000 outside debt Trade-offs (return and risk): What are the rights of -- common shareholders? preferred shareholders . debt holders? ................
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