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.