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CIMA Exam CIMAPRA19-F03-1 Topic 1 Question 26 Discussion
Actual exam question for
CIMA's
CIMAPRA19-F03-1 exam
Question #: 26
Topic #: 1
[All CIMAPRA19-F03-1 Questions]
Topic #: 1
A listed company is financed by debt and equity.
If it increases the proportion of debt in its capital structureit would be in danger of breaching a debt covenant imposed by one of its lenders.
The following data is relevant:
The company now requires $800 million additional funding for a major expansion programme.
Which of the following is the most appropriate as a source of finance for this expansion programme?
Suggested Answer:
C
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