Multiple Choice
A large, well-established company with an impeccable financial record considers borrowing money to meet its short-term financing needs. The company hopes to borrow money using _________ since this form of financing typically carries a lower interest rate than that than commercial banks charge on short-term loans.
A) corporate bonds
B) factoring
C) commercial paper
D) trade credit
Correct Answer:
Verified
Correct Answer:
Verified
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