External funding problem
Problem: Companies have relied on external funding because of the following reason:
A) reaction to the economy
B) need for expansion
C) change in the cost of capital
D) all of the above
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Problem: Companies have relied on external funding because of the following reason: A) reaction to the economy B) need for expansion C) change in the cost of capital D) all of the above
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As the discount rate becomes higher and higher, the present value of infows approaches:
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