Borrowing funds using short-term debt, such as commercial paper, and using the proceeds to
invest in long-term investments, creates a refinancing risk that can force firms to sell assets at
distressed prices if financing becomes unavailable.
Indicate whether the statement is true or false
TRUE
You might also like to view...
A company could increase the perceived benefits of a product by ________
A) reducing the purchase price B) adding a desirable new feature to the product without increasing the purchase price C) reducing the operating costs associated with the product D) removing the warranty offered with the product E) adding maintenance costs associated with owning the product
Upon selection of an executive for an expatriate posting, the most common predeparture training involves a range of instructive profiles of major aspects of the host country
Indicate whether the statement is true or false