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If Abercrombie & Fitch Borrows $8 Million from a Bank

Question 135

Multiple Choice
If Abercrombie & Fitch borrows $8 million from a bank to finance the construction of a new store, this is an example of

If Abercrombie & Fitch borrows $8 million from a bank to finance the construction of a new store, this is an example of


A) a stock market transaction.
B) direct finance.
C) a bond market transaction.
D) indirect finance.

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