discuss the benefits and risks associated with each one from the point of...

...view of the company.? Hayden Limited is seeking to make a significant investment in new machinery in order that it can pursue the manufacture of a new product line which, it is believed, will return significant profits into the future. The board of directors are considering the following methods of raising the finance required for the expansion :

•Ordinary shares
•Preference shares
•Floating charge debenture
•Fixed charge debenture

Briefly explain each form of finance, and discuss the benefits and risks associated with each one from the point of view of the company.
 
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