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.

773 views
0
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
0
A) The interest rate is usually lower than for equivalent bank loans.
Darshita Changed status to publish August 12, 2020

Contact us today

Ask for our academic services

Copyright SmartStudyHelp 2016. All Rights Reserved