Large, highly rated firms sometimes sell commercial paper: To borrow funds at a lower rate than through
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Question:
Large, highly rated firms sometimes sell commercial paper:
To borrow funds at a lower rate than through a bank
To borrow funds that is not available at banks.
Because they can't borrow anywhere else
Because the interest rate is locked in by the Federal Reserve board
Related Book For
Essential Statistics
ISBN: 9780134134406
2nd edition
Authors: Robert Gould, Colleen N. Ryan, Rebecca Wong
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