Question on: JAMB Economics - 1992
When interest rates are high and still rising the least-cost method used by public limited companies to obtain additional funds for their operations is by?
A
obtaining life-term loans from merchant banks
B
obtain short-term loans from commercial banks
C
selling floating-rate debenture stocks to the general public
D
selling new ordinary shares to the general public
Ask EduPadi AI for a detailed answer
Correct Option: D
Add your answer
Please share this, thanks!
No responses