If a company wanted to raise 3 million dollars for a new facility why would they possibly choose stocks or bonds?

Please submit your final paper in this link. Late submissions will not be accepted. Please make sure that your paper includes a title page, in-text citations, and a reference page. APA formatting is required for this assignment. If you are not familiar with APA formatting please follow this link: https://owl.english.purdue.edu/owl/resource/560/01/Final Exam – Please use a bold header in each section to divide up your paper.Step 1 – Choose 1 publicly traded company and who you consider to be their direct competitor.Step 2 – Access the financial statements for both. You will need to attach them to your final paper in the appendix.Step 3 – If a company wanted to raise 3 million dollars for a new facility why would they possibly choose stocks or bonds? Why might they consider either? Please support with specific information. What types of risk come with issuing stocks and what types of risk come with issuing bonds? If your company that you selected currently has bonds outstanding discuss their credit rating and the interest rate they are paying. Describe that connection.Step 4- Compare the financials for each company. You need to discuss them and what they mean. Do not simply just list the ratios. Also, please list what exchange your companies trade on.(Stock Price, 52wk Range, Average Volume, EPS, Dividend, Div. Yield, Current Ratio, 1y Target estimate, Quick Ratio, EPS, Working Capital, P/E (indicate if it is trailing or forward and explain what the difference is between the two), Beta, Gross Profit Margin, Net Profit Margin, Operating Income Margin, Return on Investment, Return on Equity, Cash & Equivalents Turnover, Total Asset Turnover, Total Debts to Assets, Debt to Equity, Long-term Debt to Net Working Capital, Revenue, Net Income, Operating Activities, And Noteable Investing Activities, Any Noteable Financing Activities, Any Noteable Change In Cash and Cash Equivalents).Step 5 – Create a chart that compares your company’s stock price with the competitors and then benchmark the S&P 500 or other well known index. Your chart should include all three. Make sure to discuss any noticeable shifts in the price/shares. This can easily be generated on Yahoo Finance or Stock Trak.Step 6- Explain which behavioral finance bias could impact investors in your company (either current investors or potential). You will need to name at least 3. Can you see any examples of this in your stock price movement? How might you try to hedge against this?