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Which ONE of the following statements about aggressive funding strategy is true? O All the above. This strategy lowers the cost under some interest rate
Which ONE of the following statements about aggressive funding strategy is true? O All the above. This strategy lowers the cost under some interest rate scenarios. All working capital and a portion of fixed assets are funded with short-term debt. It forces the company to continually refinance the funding of the long-term assets in a changing interest rate environment. Question 5 The flexible strategy is perceived be a high-risk and low-return course of action for management to follow. O False O True Question 6 Trade credit is a cheap loan from the supplier. True O False
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