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Basic Question 16 of 23
A utility company should typically have ______ for its assets. A. short-term debt financing
B. long-term debt financing
C. commercial papers
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain liquidity and compare issuers' liquidity levels
CFA® 2025 Level I Curriculum, Volume 2, Module 4.