Which of the following is NOT a benefit of commercial paper to a corporation?
A. It is often issued at below the prime interest rate.
B. There are no compensating balance requirements.
C. It is less risky.
D. It provides prestige to the issuer
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.