The vast majority of external capital raised by companies each year is

Name: The vast majority of external capital raised by companies each year is
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Long-term debt is often the main source of external capital for companies, as it allows them to finance large investments over an extended period of time. Common and preferred stock are types of equity financing, and short-term debt is typically used for a company's day-to-day operational expenses rather than larger investments.

The Vast Majority of External Capital Raised by Companies Each