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The Main Difference Between Short-Term and Long-Term Finance Is

Question 4

Multiple Choice

The main difference between short-term and long-term finance is


A) the risk of long-term cash flows is more important than short-term risks.
B) long-term cash flows have greater present values than short-term cash flows.
C) short-term cash flows occur within a year or less.
D) All of these answers are correct.

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