Asked Dec 6, 2019
  • Which is true of equity financing?


  1. It has no fixed maturity date
  2. It provides a tax shield
  3. It offers creditors no cushion against losses
  4. Struggling companies still need to pay dividends

Expert Answer

Step 1

Equity financing is method of raising finance by issue of equity shares. It is one form of source of investment. The money raised can...

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