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Which of the following is not a source of long-term finance...

This question belongs to Commerce Financial Management
Financial Management
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Which of the following is not a source of long-term finance?

Answer & Solution
Correct Answer: Option C
Commercial papers is not a source of long-term finance. Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities.
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