Multiple Choice
When compared with bank bills,commercial paper has the advantage:
A) that no interest is paid until maturity, unlike for a bank bill.
B) that a holder of commercial paper has no contingent liability when selling in the money markets.
C) that an issue of commercial paper often has a rollover facility attached, unlike for bank bills.
D) of greater liquidity in the secondary market.
Correct Answer:

Verified
Correct Answer:
Verified
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