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0. Which statement is correct? A. Firms that follow restrictive financial policies can generally avoid short-term debt financing. B. A firm is less apt to
0. Which statement is correct?
A. | Firms that follow restrictive financial policies can generally avoid short-term debt financing. | |
B. | A firm is less apt to face financial distress if it adopts a flexible financial policy rather than a restrictive policy. | |
C. | Long-term interest rates tend to be more volatile than short-term rates. | |
D. | Firms should generally finance all of their assets with long-term debt. |
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