Question

15) XYZ is planning to modernize its plant with latest technology. The company is not having sufficientmoney. The finance manager plans to arrange money for 3 years as after three years the companyis expected a good return from their previous investment. The finance manager do not want tospend fotation cost and do not want to approach stock exchange.a) Suggest the suitable source of finance in above case1) How can company approach public without spending on floatation cost?State any two features of this source of finance.​

Answer 1

Answer:

XYZ is planing to modernize it's plant with latest technology the company is not having suffering