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Correct the underlined word and rewrite the following sentence. Bond is a source of short term finance. - Secretarial Practice

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Question

Correct the underlined word and rewrite the following sentence.

Bond is a source of short term finance.

Correct and Rewrite
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Solution

Bond is a source of long term finance.

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Sources of Borrowed Capital - Bonds
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Chapter 2: Sources of Corporate Finance - Exercises [Page 37]
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