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The following are different modes of financing 1. A bank loan advanced for a precise period for an unspecified purpose. 2. A term loan where
The following are different modes of financing 1. A bank loan advanced for a precise period for an unspecified purpose. 2. A term loan where the full amount for a specified purpose is provided at the start of the loan. 3. A term loan where the borrower has the option of putting its operating account in deficit up to an agreed limit. 4. A term loan where the bank does not pay out the loan until after a specified period. 5. A bond issue issued by a corporation Which combination of financing modes can BEST be called long-term fully drawn advances? Select one: a. Financing mode 1 only b. Financing mode 1 and 5 O c. Financing mode 2, 3, and 4 O d. Financing mode 2 only O e. Financing mode 2 and 3
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