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    Question

    Which of the following is a short-term source of

    funding?
    A Term Loan Correct Answer Incorrect Answer
    B Commercial Paper Correct Answer Incorrect Answer
    C Mortgage loan Correct Answer Incorrect Answer
    D Non convertible debenture Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Commercial paper is a money market instrument used to raise funds for short term by corporates.

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