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Larry and Harry are considering to open a new business. They lack the financial resources and the expertise to perform market predictions on various macroeconomic
Larry and Harry are considering to open a new business. They lack the financial resources and the expertise to perform market predictions on various macroeconomic indicators given the current market volatility, but are confident in their business model and their ability to pay back creditors after raising the required capital. Which of the following statements would be the most incorrect if given by a financial analyst offering advice to Larry and Harry? Select one: O a. Given the current market volatility, I would recommend issuing long-term bonds to finance your business. O b. Given the current market volatility, I would recommend issuing a mix of long-term and short-term bonds to finance your business. c. Given the current market volatility, I would recommend issuing short-term bonds to finance your business. d. Given the current market volatility, I would recommend postponing raising capital
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