Which two of the following statements relating to finance sources are correct?
A) Mezzanine finance is that which is provided for a few months until medium- or long- term financial arrangements can be made.
B) Convertible bonds differ from vanilla bonds in that they give the holder the right to exchange bonds at some stage in the future.
C) Mezzanine debt is a loan offering a high return with a high risk.
D) Syndicate lending is undertaken by a small group of rich individuals providing a joint loan to small unquoted firms.
Correct Answer:
Verified
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A) Informal, unregulated
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