As a firm progresses throughout its life cycle it will typically move from seeking investment from private

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As a firm progresses throughout its life cycle it will typically move from seeking investment from private sources towards raising money on the capital markets.

Explain why this is the case.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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