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Joseph Coulter Needs Long-Term Financing for His Company

Question 67

Multiple Choice

Joseph Coulter needs long-term financing for his company. He contacts Funders Group, which is willing to provide funding in exchange for an ownership stake, an active role in management of Joseph's company, and an opportunity for a large return on its investment. Funders Group is offering ________ capital.


A) debenture
B) venture
C) leverage
D) retained

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