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9:20 AM Thu Apr 16 25% 5 TODO AQ T Q + : 0 ST Question 1: (a) If the carrying cost is high and

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9:20 AM Thu Apr 16 25% 5 TODO AQ T Q + : 0 ST Question 1: (a) If the carrying cost is high and shortage cost is low, what type of current asset policy is more appropriate for a firm in the context of its short-term financial management? Why? (b) A firm intends to use short term funding (e.g. short-term credit line) to finance its long-term assets. What are the advantages and disadvantages with such a policy

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