Given that commercial paper interest rates are generally lower than bank loan rates to a given borrower,

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Given that commercial paper interest rates are generally lower than bank loan rates to a given borrower, why might firms that are capable of selling commercial paper also use bank credit?

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Fundamentals of Financial Management

ISBN: 978-0324272055

10th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Sep 06, 2016 09:11 AM

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Given that commercial paper interest rates are generally lower than bank loan rates to a given borrower,

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Fundamentals of Financial Management

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