Wk 4 Discussion (Debt vs. Equity) - Post 1

 To raise capital, corporate officers have two basic sources of funding from which to choose: (1) debt (i.e., issuing bonds, taking out a loan) or (2) equity (i.e., issuing more stock). What are the trade-offs between these two very different sources of capital? Consider tax and nontax factors. 

Please provide at least 200 words with references.  PLEASE PROVIDE WITHIN THE NEXT 12 HOURS.