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What are Commercial Papers?

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asked Mar 3, 2017 in Bonds by BobTheAnswerGuy Inquisitive Expert (220,000 points)
   

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Commercial paper is an unsecuredshort-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short-term liabilities



 

answered Mar 5, 2017 by CuriousGirl Inquisitive Expert (313,480 points)

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