CFA Practice Question

There are 764 practice questions for this topic.

CFA Practice Question

Which is FALSE? U.S. commercial paper (USCP) is most likely ______.
A. negotiable
B. denominated in US$
C. issued on an interest-bearing basis
Explanation: Commercial paper is negotiable. USCP is typically issued on a discount basis.

User Contributed Comments 1

User Comment
JChew commercial paper can be issued on an interest bearing note, but is usually issued at a discount. 30-35 days average. no more than 270 days
You need to log in first to add your comment.