As a financial manager of a large firm, you plan to borrow $70 million over the next year.
A. What are the more likely alternatives for you to borrow $70 million?
B. If you decide to issue debt securities, describe the types of financial institutions that may purchase these securities.
C. How do individuals indirectly provide the financing for your firm when they maintain deposits at depository institutions, invest in mutual funds, purchase insurance policies, or invest in pensions?