Firms typically raise long-term funds
A. only at the inception of the firm.
B. on a continuous basis.
C. in lump sums as needed.
D. in proportion to the capital mixture of the target capital structure.
Answer:C
Firms typically raise long-term funds
A. only at the inception of the firm. B. on a continuous basis. C. in lump sums as needed. D. in proportion to the capital mixture of the target capital structure.