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    Exam 9: Finance: Acquiring Using Funds to Maximize Value
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    A Drawback of Commercial Paper Is That It Takes a Long
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A Drawback of Commercial Paper Is That It Takes a Long

Question 142

Question 142

True/False

A drawback of commercial paper is that it takes a long time to mature, thus making it a risky asset to hold if the firm is likely to need cash in the near future.

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