10 years. Therefore, XYZ company is raising capital through

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 4DQ
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In order to raise capital, XYZ
company decided to issue
loan certificates. The loan
certificates have fixed interest
rate of 20% and payable over
10 years. Therefore, XYZ
company is raising capital
through
O None of the options
Selling shares
Debentures
Equity finance
II
Transcribed Image Text:In order to raise capital, XYZ company decided to issue loan certificates. The loan certificates have fixed interest rate of 20% and payable over 10 years. Therefore, XYZ company is raising capital through O None of the options Selling shares Debentures Equity finance II
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