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    Business
  3. Study Set
    Contemporary Financial Management Study Set 2
  4. Exam
    Exam 19: Working Capital Policy and Short-Term Financing
  5. Question
    Explain How a Firm Uses Commercial Paper as a Short-Term
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Explain How a Firm Uses Commercial Paper as a Short-Term

Question 30

Question 30

Essay

Explain how a firm uses commercial paper as a short-term financing source and explain the disadvantage of using this form of financing.

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Commercial paper is a short-term unsecur...

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