Corporate finance has three main areas of concern: a. Capital budgeting: What long-term investments should the firm
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Corporate finance has three main areas of concern:
a. Capital budgeting: What long-term investments should the firm take?
b. Capital structure: Where will the firm get the long-term financing to pay for its investments?
Also, what mixture of debt and equity should it use to fund operations?
c. Working capital management: How should the firm manage its everyday financial activities? LO.1
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