How does commercial paper differ from a normal bank loan? Why is the interest rate often less

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How does commercial paper differ from a normal bank loan? Why is the interest rate often less for commercial paper?

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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Question Posted: Jul 13, 2016 03:47 AM

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How does commercial paper differ from a normal bank loan? Why is the interest rate often less

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Commercial Paper It is shortterm debt security issued by a company ...View the full answer

Intermediate Accounting

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