Multiple Choice
Which of the following are the three reasons that firms need short-term financing?
A) seasonalities,market frictions,and positive cash flow shocks
B) seasonalities,funding risk,and market frictions
C) negative cash flow shocks,positive cash flow shocks,and seasonalities
D) market frictions,negative cash flow shocks,and funding risk
E) positive cash flow shocks,negative cash flow shocks,and market frictions
Correct Answer:
Verified
Correct Answer:
Verified
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