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ABC Co . needs to raise $ 1 , 0 0 0 , 0 0 0 cash for the continuing growth of the business. They

ABC Co

.

needs to raise $

1, 000, 000

cash for the continuing growth of the business. They are considering issuing stock or obtaining a loan from a bank. An advantage to issuing stock is that it does not have to be repaid like a loan. True or False?

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