The city manager asks Evelyn McDowell, finance director for the village of Lawrence, to explore...
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Accounting
The city manager asks Evelyn McDowell, finance director for the village of Lawrence, to explore short-term financing options for the new $8.4 million addition to Rider Hall Administration Building. The village will issue bonds in four months, but the village wants to lock in the construction costs with the contractor by having the contractor sign the contract and begin work iimmediately. What short-term financing suggestions might Ms. McDowell suggest to her city manager?
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