27.8 a. Define flexible short-term financing. b. Define restrictive short-term financing. c. When is flexible short-term financing

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27.8

a. Define flexible short-term financing.

b. Define restrictive short-term financing.

c. When is flexible short-term financing optimal?

d. When is restrictive short-term financing optimal?

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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