CSI IFC Question Answer
The Corporation Group is seeking financing for the purchase of new equipment for a planned expansion. They want to use the funds for a period of five years. They do not want to pledge any of their existing assets as security or extend shares to any of their debtors. Additionally, they want the privilege of repaying borrowed funds at any time if they so choose. What is the most ideal fixed-income security they should issue to raise this capital?
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