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A Large, Well­established Company with an Impeccable Financial Record Considers

Question 45

Multiple Choice

A large, well­established company with an impeccable financial record considers borrowing money to meet its short­term financing needs. The company hopes to borrow money using _____ since this form of financing typically carries a lower interest rate than that charged by commercial banks.


A) corporate bonds
B) factoring
C) commercial paper
D) trade credit

Correct Answer:

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