Multiple Choice
All of the following are advantages of debt financing, except:
A) It's useful for meeting a short-term deficit in cash flow.
B) The term of the debt (loan) is generally limited.
C) Interest paid is tax deductible.
D) If it is a "demand" loan, it can be called by the lender at any time.
Correct Answer:
Verified
Correct Answer:
Verified
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