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A company with a poor credit rating needs to raise funds for expansion, but the bank will not give them a loan. In addition, their
A company with a poor credit rating needs to raise funds for expansion, but the bank will not give them a loan. In addition, their common stock prices are already low, so they do not want to issue more shares of common stock. What would be the best way for this company to raise funds for the expansion? Sell callable bonds. Sell unsecured bonds. Sell convertible bonds. Sell secured bonds
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