Answer-Commercial Paper (CP) is a:

Commercial Paper is an unsecured, short-term money market instrument issued by corporations to raise funds typically for a period of up to one year. It is not backed by collateral unsecured and is issued at a discount to its face value.

Question

Commercial Paper (C

P is a:

A Long-term equity instrument

B Short-term, unsecured debt instrument

C Long-term secured bond

D Government security

E Derivative instrument

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Commercial Paper (C

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