44. A large company that chooses to finance a new factory by issuing money market securities:

Select one:

a. must incur the cost of issuing new securities to roll over its debt.

b. runs the risk of having to pay higher interest rates when it rolls over its debt.

c. incurs both the cost of reissuing securities and the risk of having to pay higher interest rates on the new debt.

d. is more likely to profit if interest rates rise while the plant is being constructed .

e. is choosing to reduce the risk that interest rates will rise before they pay off the debt