ONE (a) List and explain five factors that should be taken into account by a businessman in making the choice between financing by short-term and long-term sources. (10 marks) (b) Enumerate four advantages of convertible bonds from the point of view of the borrower. (8 marks) C) Explain three sources of business finance 16 Marks) d) Identify and briefly explain three conditions which have to be satisfied before the use of the weighted average cost of capital (WACC) can be justified. (6 marks) (Total: 20 marks)