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2) In aggregate, Canadian firms tend to issue debt ________ equity or trust units. A) less than B) the same as C) more than D)

2) In aggregate, Canadian firms tend to issue debt ________ equity or trust units.

A) less than

B) the same as

C) more than

D) none of the above

Answer:

3) In Canadian Corporations, more than 60% of capital expenditures are funded from:

A) issuing short-term debt

B) issuing equities

C) issuing long-term debt

D) retained earnings

Answer:

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