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When interest rates are high and still rising the least-cost method used by public ...

When interest rates are high and still rising the least-cost method used by public limited companies to obtain additional funds for their operations is by?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Obtaining life-term loans from merchant banks
  • B Obtain short-term loans from commercial banks
  • C Selling floating-rate debenture stocks to the general public
  • D Selling new ordinary shares to the general public
Correct Answer: Option D
Explanation:

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