Generally speaking, short-term debt is riskier than long-term debt, but it also has some advantages. In the following table, identify which type of funding (short-term debt or long-term debt) is being described in each case. Short-term Debt Long-term Debt This loan has more covenants that restrict the firm's actions. This loan is more flexible and can be used to adapt to changing market conditions The lender will insist on a more thorough financial examination before extending this kind of credit. Omni Consumer Products Co.'s CFO is concerned with the possibility of interest rates rising over time. Which type of debt would be riskiest to Omni Consumer Products Co. if the firm is most concerned with rising interest rates? Long-term debt O Short-term debt