Multiple Choice
Gratinut Entos, an automobile company, wants to launch a new model of bike that would appeal to young adults. The company issues its own formal IOUs to fund the project. Which of the following sources of long-term funds is being used by Gratinut Entos in the given scenario?
A) Term loans
B) Commercial paper
C) Corporate bonds
D) Direct investments from owners
Correct Answer:
Verified
Correct Answer:
Verified
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