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18. Short-term borrowing differs from spontaneous sources in each of the following waysEXCEPT: a. It costs much less, on an annual rate basis. b. It

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18. Short-term borrowing differs from spontaneous sources in each of the following waysEXCEPT: a. It costs much less, on an annual rate basis. b. It has an explicit cost, including a commitment fee at times. c. It must be deliberately acquired by the company. d. It is a more direct way of getting funds

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