In General, Which Has the Shorter Maturity and Is More

question 11

Multiple Choice

In general, which has the shorter maturity and is more appropriate for funding short-term inventory needs?

• A) commercial paper
• B) Euro-Medium-Term notes (EMTNs)
• C) the international bond market
• D) all of the above

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Definitions:

Cash Dividends

Payments made by a corporation to its shareholders from its profits.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain capital assets.

Net Income

The profit of a company after all expenses and taxes have been subtracted from revenue.

Cash Dividend

A payment made by a corporation to its shareholders, usually in the form of cash, out of its profits.