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Type of financial security in which firms do not borrow money...

This question belongs to Commerce Financial Management
Financial Management
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Type of financial security in which firms do not borrow money rather lease their assets is classified as

Answer & Solution
Correct Answer: Option A
Type of financial security in which firms do not borrow money rather lease their assets is classified as leases. A lease is a contract outlining the terms under which one party agrees to rent property owned by another party.
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