________ financing is an example of expansion financing.
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A. B. C. D. E.Explanation
There are three stages of "expansion financing":
1. Second-stage financing. This capital is used for initial expansion of a company that has already been selling a product.
2. Third-stage financing. Capital provided to fund major expansion.
3. Mezzanine (bridge) financing. Capital provided for a company that expects to go public within a year or so.