Business, 16.07.2019 17:20 mathk3

Which of the following are advantages of short-term financing (as compared to long-term financing)?
loans can be obtained faster.
the interest rate on borrowed funds is generally lower.
interest costs are relatively stable over time.
answers a. and b. are both correct.
answers a., b., and c. are all correct.

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Which of the following are advantages of short-term financing (as compared to long-term financing)?...

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