Question: Commercial paper performs the same basic function as T - bills for their respective issuers. How are these two instruments similar? A . Both provide
Commercial paper performs the same basic function as Tbills for their respective
issuers. How are these two instruments similar?
A Both provide shortterm liquidity for the issuer.
B Both provide longterm liquidity for the issuer.
C Both provide permanent capital.
D Both are issued by the US government.
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