Question
What motivation is provided for managers not to follow the relaxed strategy of long- versus short-term financing? A.short-term investment income is often unattractive B.investment opportunities
What motivation is provided for managers not to follow the relaxed strategy of long- versus short-term financing?
A.short-term investment income is often unattractive
B.investment opportunities must frequently be ignored
C.transaction costs are required to continually obtain financing
D.long-term financing has burdensome tax consequences
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International Financial Management
Authors: Jeff Madura, Roland Fox
5th Edition
1473770505, 978-1473770508
