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12. The firm has to make a payment today. But the firm does not have sufficient amount of cash to make the payment. But the

12. The firm has to make a payment today. But the firm does not have sufficient amount of cash to make the payment. But the firm is sure that it will make a collection in 45 days (collection pattern is predictable). What kind of financing should the firm use? Choose one of the following. (1 point)

a. Overdraft

b. Term (spot) loan

c. Financial leasing

e. Revolving line of credit

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