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A prudent financial manager would use short-term financing today when: 1. Short-term interest rates are currently lower than long-term interest rates II. Short-term interest rates

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A prudent financial manager would use short-term financing today when: 1. Short-term interest rates are currently lower than long-term interest rates II. Short-term interest rates are currently lower but expected to increase in the future III. Short-term interest rates are currently higher than they are expected to be in the future Select one: OA. I only OB. I and II only O C. I and Ill only OD. 1, 11, and I m

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