What do we mean by a hierarchy of financing sources? What determines a borrowers choice of financing

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What do we mean by a “hierarchy of financing sources”? What determines a borrower’s choice of financing source?

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Contemporary Financial Intermediation

ISBN: 9780124052086

4th Edition

Authors: Stuart I. Greenbaum, Anjan V. Thakor, Arnoud Boot

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Question Posted: Jan 12, 2024 04:00 AM

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What do we mean by a hierarchy of financing sources? What determines a borrowers choice of financing

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By a hierarchy of financing sources we mean When a firm starts ...View the full answer

Contemporary Financial Intermediation

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