Which one of these statements is correct regarding U.S. firms during the period 1995-2012?
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A. |
Firms have rarely relied on debt financing. |
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B. |
Internal funds have provided less than half of the firms financing needs. |
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C. |
Firms have repurchased more equity than they have sold. |
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D. Debt is used to fund approximately half of the firms financing needs.
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