Investors held commercial papers generally from
A. issuance to maturity
B. within 1 to 2 days
C. within 3 to 4 days
D. within 4 to 5 days
Answer: Option A
Solution (By Examveda Team)
Investors held commercial papers generally from issuance to maturity. Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities. Maturities on commercial paper rarely range longer than 270 days.This Question Belongs to Management >> International Finance And Treasury
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