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B. Suppose you are the CFO of ABC Timber Limited, which is a medium sized company. Discuss three reasons why a small and medium-sized company

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B. Suppose you are the CFO of ABC Timber Limited, which is a medium sized company. Discuss three reasons why a small and medium-sized company might like to borrow from a commercial bank rather than approach an investment bank to sell securities in financial markets. [3 marks)

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