A new company requiring a large amount of equity finance ...
A new company requiring a large amount of equity finance may source funds from the?
capital market
central bank
money market
commercial banks
Correct answer is D
Commercial banks lend large amounts of funds to businesses or corporate entities at a predetermined interest rate. They only lend to companies requiring medium to long-term finances, which is usually large scale.
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Assets of a business which cannot easily be changed into cash are known as ...
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