The Maturity Matching,or "Self-Liquidating," Approach Involves the Financing of Permanent

question 69

True/False

The maturity matching,or "self-liquidating," approach involves the financing of permanent net operating working capital with combinations of long-term capital and short-term capital that vary depending on the level of interest rates.When short-term rates are relatively high,short-term assets will be financed with long-term debt to reduce costs and risk.