Manitoba Hydro Has Relatively Steady,predictable Profits and Cash-Flow Patterns

question 41

Multiple Choice

Manitoba Hydro has relatively steady,predictable profits and cash-flow patterns.Its best choice for long-term funding is most likely

• A) factoring accounts receivable.
• B) common stock.
• C) either common or preferred stock but not bonds.
• D) preferred stock.
• E) bonds.

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