Choosing between short term and long term debt

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Suppose you are running a firm that needs to raise capital today and you are choosing between short term and long term debt. the firm does not currently have a strong enough cash flow to fund new operations but you expect that this situation will soon change and the firm's need for external fund will diminish. which funding source is likely the best for your firm ? Short term deb or long term debt ?

Reference no: EM131930283

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