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Basic Question 1 of 9
Commercial papers ______.
II. are very thinly traded in the secondary market
III. are usually backed by unused bank credit lines
I. have maturities that are typically less than 90 days
II. are very thinly traded in the secondary market
III. are usually backed by unused bank credit lines
User Contributed Comments 3
| User | Comment |
|---|---|
| khalifa92 | book says upto 270 days in the us and 364 in eurocommerical paper |
| bushi | @khalifa92: there is a difference between "up to" and "typical". |
| khalifa92 | *thumbs up* |
Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
describe types of debt issued by corporations;
CFA® 2024 Level I Curriculum, Volume 4, Module 43.