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The CFO of a satellite radio company was trying to work his magic today as he solicited another telecommunications/entertainment company to invest in his company in order to prevent bankruptcy. Having refinanced the company less than a year ago, the satellite radio finance manager had a $75 million note coming due today. The current financing arrangement represents a. short-term debt financing b. a long-term sale of stock c. to privat a leveraged buy-out. d. the issuance of long-term bonds.

Respuesta :

Answer:

The "Shot-term Debt Financing" can represent the current financing arrangement.  

Explanation:

It is mentions to any credits that are to be compensated during a year. Within the state of affairs, the chief financial officer of the satellite radio corporation had refinanced the corporate lower than a year. Also the firm had a due note of $75 million during theses days. This implies that the corporate had short-term debt. Subsequently the chief financial officer had invited additional telecom and entertainment firms to speculate in his company to forestall insolvency, he had obtained finance for the short-term debt to be refunded

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