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Nancy Has Decided to Raise Working Capital for Her Upscale

Question 115

Multiple Choice

Nancy has decided to raise working capital for her upscale boutique business which currently has four locations and is considering franchising the concept in the next few years. Because of the company's current organization and anticipated future plans, the most likely form of financing would be


A) large corporations.
B) private placement.
C) public sale.
D) underwriting.

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