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Kirkwood and Idil (2009) Noted That, Prior to the Middle

Question 13

Multiple Choice

Kirkwood and Idil (2009) noted that, prior to the middle of 2007, approximately _________of corporate funding was obtained from retained earnings, while the remainder was obtained from banks, debt markets and equity markets.


A) 90%
B) one- third
C) 10%
D) two- thirds

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