In a traditional LBO financing structure, which of the following types of debt will have the lowest cost of capital?
A) bank debt
B) preferred stock
C) mezzanine debt
D) subordinated debt
Answer: A
In a traditional LBO financing structure, which of the following types of debt will have the lowest cost of capital?
A) bank debt
B) preferred stock
C) mezzanine debt
D) subordinated debt
Answer: A