When interest rates are high and still rising t... - JAMB Economics 1992 Question
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
correct option: d
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