Which of the following statements about short-term debt, Ask an Expert

Finance

Which of the following statements about short-term debt is(are) most correct?

Short-term debt has higher issuance costs than long-term debt has.

Short-term debt has more restrictions (restrictive covenants) than long-term debt has.

Short-term debt generally has a lower cost than long-term debt has.

Most short term debt is obtained by issuing bonds to individuals.

All of the above statements are correct.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91547279

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