Multiple Choice
All of the following are benefits of commercial paper to the corporation except:
A) it is often issued at below the prime interest rate
B) there are no compensating balance requirements
C) they are less risky
D) they provide prestige
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: Compensating balances<br>A) are used by banks as
Q12: Even during slack loan periods, banks will
Q117: Issuers of commercial paper can be divided
Q118: The extent to which inventory financing may
Q120: Friedman Roses, Inc. needs $65,000 in funds
Q121: Which of the following is not a
Q122: Eurodollar loans are similar to U.S. bank
Q123: Which of the following is not a
Q124: Which of the following best describes the
Q127: Larger firms tend to be net users