Large, highly rated firms sometimes sell commercial paper: To borrow funds at a lower rate than through

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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 answer-question

Essential Statistics

ISBN: 9780134134406

2nd edition

Authors: Robert Gould, Colleen N. Ryan, Rebecca Wong

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Posted Date: Jul 11, 2018 08:02 AM

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Large, highly rated firms sometimes sell commercial paper: To borrow funds at a lower rate than through

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Essential Statistics

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