Banking · Money Market Instruments
Which of the following unsecured, short-term debt instruments is issued by corporations to meet their short-term working capital requirements, typically with maturities ranging from 7 days to 1 year?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Corporate Bond
- 2Commercial Paper✓
- 3Bank Loan
- 4Treasury Bill
Correct answer
Commercial Paper
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