When a corporation decides to issue long-term debt in order to pay for the acquisition of real assets,it has made a:

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Issuing long-term debt is a financing decision, as it relates to the capital structure of the corporation and how it is funding its operations and investments. Capital budgeting decisions, on the other hand, relate to the allocation of funds for specific investment projects. Money market decisions involve short-term borrowing and lending, while secondary market decisions involve the buying and selling of existing securities on secondary markets.

When a Corporation Decides to Issue Long-Term Debt in Order