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Question

Funds required for period exceeding 5 years is _______.

A
Long-term financing
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B
Short-term financing
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C
Medium-term financing
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D
All of the above
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Solution

The correct option is D Long-term financing
The funds that are required for a long period of time are known as long-term financing. These types of financing is required for a period exceeding 5 years.

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