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2. The Board of Directors of XYZ Manufacturing Co. are faced with a problem on how to finance the expansion of their business in Mindanao.

2. The Board of Directors of XYZ Manufacturing Co. are faced with a problem on how to finance the expansion of their business in Mindanao. The expansion will require capital outlay of about P10 million for the construction of a manufacturing plant. Question: As head of the Finance Department, what will be your recommendation on how you will finance the expansion? Justify your

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