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In regard to the differences between debt and equity capital, which of the following is TRUE? Select one: a. Debt capital is long term funds

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In regard to the differences between debt and equity capital, which of the following is TRUE? Select one: a. Debt capital is long term funds provided by the firm's shareholders. b. Equity capital has no stated maturity. c. Interest received by holders of bonds is taxable, while dividends received on shares are not taxable. d. Shares are traded on financial markets, while bonds are not traded. A company decides to issue $15 million in corporate bonds with a maturity of 10 years. The securities will be issued into the Select one: a. money markets. b. retail markets. c. capital markets. d. secondary markets. Financial claims in an indirect financing arrangement are: Select one: a. issued by financial intermediaries and purchased by DSUS. b. issued by SSUs and purchased by DSUS. c. issued by DSUs and purchased by financial intermediaries. d. issued by DSUs and purchased by SSUS. Which of the financial institutions is most likely to provide specialised loan products, such as leasing finance? Select one: a. Small commercial banks b. Building societies c. Credit unions d. Large commercial banks

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