Fnan522 020 - Study guides, Class notes & Summaries
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FNAN 522 EXAM 1 MIDTERM. QUESTIONS AND ANSWERS.
- Exam (elaborations) • 16 pages • 2021
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A company needs to raise cash to cover its
operating expenses. The company will only need
the funds for a short period of time. Which
financial market is the most appropriate for the
company use to raise money (that is, likely the
lowest cost and best-matched maturity)?
Select one:
a. Capital market
b. All of these answers
c. Derivative market
d. Money market
The correct answer is: Money market
Exam (elaborations)
FNAN 522 EXAM 1 MIDTERM. QUESTIONS AND ANSWERS.
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A company needs to raise cash to cover its operating expenses. The company will only need the funds for a short period of time. Which financial market is the most appropriate for the company use to raise money (that is, likely the lowest cost and best-matched maturity)? Select one: a. Capital market b. All of these answers c. Derivative market d. Money market The correct answer is: Money market
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And that's how you make extra money
