[ad_1] Define the idea of capital structure and capital components. Why is capital structure important to the cost of capital concept? In many capital structure discussions, preferred stock is lumped in with either debt or common equity. With respect to
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[ad_1] In 1983 the Bell Telephone System, which operated as AT&T, was broken up resulting in the creation of seven regional telephone companies. AT&T stockholders received shares of the new companies and the continuing AT&T, which handled long distance services.