1. The Role of Financial Managers
... and most creditworthy firms raise large amounts of short-term funding by issuing commercial paper directly to investors in the money market, the market for debt instruments maturing in one year or less. Longer term debt instruments include notes (debt with original maturities of less than seven years) and various types of corporate bonds (debt with original maturities of ... operating cash flows as efficiently and profitably as possible. A key element of this management process is the capital structure decision, or structuring the financial claims on the firm between debt and equity sec...
- Word Count: 1383
- Approx Pages: 6
- Grade Level: Graduate