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B. A manager in charge of the finance department of his company has to decide whether to borrow short or term or long term. His

B. A manager in charge of the finance department of his company has to decide whether to borrow short or term or long term. His research assistant staff provided him with a report stating that the government is planning major construction projects in the near future.

Would you advise the manager to borrow short term or long term? Explain.

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