When a firm finances each asset with a financial instrument of the same approximate maturity as the life of the asset, it is applying
a. Working capital management.
b. Return maximization.
c. Financial leverage.
d. A hedging approach.
Answer: d
When a firm finances each asset with a financial instrument of the same approximate maturity as the life of the asset, it is applying
a. Working capital management.
b. Return maximization.
c. Financial leverage.
d. A hedging approach.
Answer: d