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Armand,his Two Brothers,and Each of Their Wives,own Shares in Tri-Bro

Question 40

Multiple Choice

Armand,his two brothers,and each of their wives,own shares in Tri-Bro Inc.,a debt-free,well-financed corporation.How is it possible for the corporation to be well financed without borrowing capital?


A) equity retention
B) shareholder's bonds
C) equity financing
D) shareholder's debentures

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