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Advantages of short-term financing (as compared to long-term financing) include which of the following? Group of answer choices Loans can be obtained faster. The interest

Advantages of short-term financing (as compared to long-term financing) include which of the following?

Group of answer choices

Loans can be obtained faster.

The interest rate on borrowed funds is generally lower.

Interest costs are relatively stable over time.

Answers (a) and (b) are correct.

Answers (a), (b), and (c) are correct.

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