Which one of the following responses is not an advantage to a corporation that uses the commercial
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This market provides more funds at lower rates than other methods provide.
The borrower avoids the expense of maintaining a compensating balance with a commercial bank.
There are no restrictions as to the type of corporation that can enter into this market.
This market provides a broad distribution for borrowing
Related Book For
Essentials of Investments
ISBN: 978-0078034695
9th edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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