Question $23$

$1$ pts

After graduation, you get a job at a young company that has high risks. The company has asked you to change their current asset financing policy to be more conservative. You decided the company should fund their current assets with:

short$-$term debt as need arises since its interest rate is typically lower than that of long$-$term debt.

short$-$term debt now because interest rates will likely go up in the future.

long$-$term debt since the long$-$term rates might go down in the future.

long$-$term debt even though long$-$term debt typically has higher interest rate than shert term debt. $q,$

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