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  3. Study Set
    Principles of Managerial Finance
  4. Exam
    Exam 15: Working Capital and Current Assets Management
  5. Question
    Commercial Paper Is a Short-Term Loan Issued by Commercial Banks
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Commercial Paper Is a Short-Term Loan Issued by Commercial Banks

Question 20

Question 20

True/False

Commercial paper is a short-term loan issued by commercial banks that have variable yields based on size, maturity, and prevailing money market conditions.

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