Which one of the following statements is true with respect to issuers and investors in short-term securities? Question 12 options: a) Governments are primarily issuers of long-term securities. b) Individuals can only purchase short-term investments through financial intermediaries. c) Banks are only issuers for short-term securities and not investors. d) Commercial paper is issued by a corporation and must be guaranteed by a bank.

Answer rating: 100% (QA)

The correct statement is d Commercial paper is issued by a corporation and must be guaranteed by a b... View the full answer