Multiple Choice
With regard to external sources of financing for nonfinancial businesses in the United States,which of the following are accurate statements?
A) Marketable securities account for a larger share of external business financing in the United States than in most other countries.
B) Since 1970, less than 5% of newly issued corporate bonds and commercial paper have been sold directly to American households.
C) The stock market accounted for the largest share of the financing of American businesses in the 1970-2000 period.
D) All of the above.
E) Only A and B of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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