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Which of the following is FALSE? Short term rates are used in the Aggressive Approach but not the Conservative Approach. The Aggressive Approach may result
Which of the following is FALSE? Short term rates are used in the Aggressive Approach but not the Conservative Approach. The Aggressive Approach may result in the firm being unable to borrow the seasonal requirement due to a loss in its own creditworthiness The Aggressive Approach may result in the firm having to borrow the seasonal requirement at a higher interest rate in the future due to a shortage of funds in the market The Conservative Approach is a low risk financing approach but can deliver a high level of return for the firm
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