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The “line of credit” obtained from banks is better associated to ? 1)Short term debt financing 2)Long and short term debt financing 3)Long term debt financing 4)Equity financing
The “line of credit” obtained from banks is better associated to ?
1)Short term debt financing
2)Long and short term debt financing
3)Long term debt financing
4)Equity financing
Expert Solution
rate positively .
correct answer is optipn = a) Short term debt financing.
Line of credit is essentially short term duration and therefore it will be short term debt financing.
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