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Calhoun Computech Used Internal Financing as a Source of Long-Term

question 26

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Calhoun Computech used internal financing as a source of long-term financing for 80% of its total needs in 2008.The company borrowed an additional 15% of its total needs in the long-term debt markets in 2008.What were Calhoun's net new stock issues, in percentage terms, for 2008?


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