Which of the following is an advantage of using commercial paper for short-term credit? A) The interest rate is usually lower than for equivalent bank loans. B) It is a readily available source of credit for most firms C) It is a type of free credit. D) It can be issued for very small amounts.

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Which of the following is an advantage of using commercial paper for short-term credit?
A) The interest rate is usually lower than for equivalent bank loans.
B) It is a readily available source of credit for most firms
C) It is a type of free credit.
D) It can be issued for very small amounts.
Darshita Changed status to publish August 12, 2020
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A) The interest rate is usually lower than for equivalent bank loans.
Darshita Changed status to publish August 12, 2020

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