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samualson samualson
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5 years ago
Which of the following statements concerning liquidity and debt is true?
A) The greater the use of short-term debt, the lower the risk of illiquidity.
B) Long-term debt is generally less costly than short-term debt.
C) A firm can reduce its risk for illiquidity by shifting from short-term debt to long-term debt.
D) The risk of illiquidity does not depend on the mix of short-term versus long-term debt.
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DeanaRayDeanaRay
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5 years ago
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