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  3. Study Set
    Practical Financial Management Study Set 1
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    Exam 16: The Management of Working Capital
  5. Question
    Financing Long-Term Projects with Short Term Financing Is Risky Because
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Financing Long-Term Projects with Short Term Financing Is Risky Because

Question 21

Question 21

True/False

Financing long-term projects with short term financing is risky because the bank may refuse to renew the short-term loan when it comes due.

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