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Question 17 (0.2 points) Which of the following statements about short-term funding strategy is true? All seasonal working ca
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The following statements about short term funding strategy are true:

All seasonal working capital needs and a portion of permanent working capital and fixed assets are funded with short-term debt.

The downside to this strategy is that as portion of a firm's long-term assets must be periodically refinanced over their working lives.

It can take advantage of an upward-sloping curve and lower a firm's overall cost of funding.

Therefore,

The correct answer is all of these.

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