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nikki1992 nikki1992
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A month ago
When does a "financing gap" occur?

▸ when a firm raises capital in the market by selling unequal amounts of bonds and equity, and the gap is the difference between the two amounts

▸ when there is a period of time occurring between cash outflows from a project and the cash inflows from the project financing

▸ when firms are unable to find investors to purchase their securities

▸ Each of the above is an example of a financing gap.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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jchang19jchang19
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A month ago
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nikki1992 Author
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A month ago
Smart ... Thanks!
Katey_maree
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Yesterday
This helped my grade so much Perfect
Alina01978
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2 hours ago
You make an excellent tutor!
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