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    Contemporary Financial Management Study Set 1
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    Exam 13: Capital Structure Concepts
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    When a Corporation Must Get External Financing, the First Place
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When a Corporation Must Get External Financing, the First Place

Question 3

Question 3

Essay

When a corporation must get external financing, the first place to look for funds is with debt.There are various reasons for this preference.List the reasons why debt is generally issued first.

Correct Answer:

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