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Calhoun Computech Used Internal Financing as a Source of Long-Term

Question 4

Multiple Choice

Calhoun Computech used internal financing as a source of long-term financing for 80% of its total needs in 2011. The company borrowed an additional 15% of its total needs in the long-term debt markets in 2011. What were Calhoun's net new stock issues,in percentage terms,for 2011?


A) -10%
B) -5%
C) 5%
D) 10%
E) 15%

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