As a financial manager of a large firm, you plan to borrow $70 million over the next year. Several options are available to your firm, all of which must be carefully considered. In your role as the financial manager, create a short paper that lists the best alternatives for your firm to borrow the $70 million and describe the advantages and disadvantages of each option. Also, consider the following:
Assuming you decide to issue debt securities, describe the types of financial institutions that may purchase these securities.
How do individuals indirectly provide the financing for your firm when they maintain deposits at depository institutions, invest in mutual funds, purchase insurance policies, or invest in pensions?