Commercial papers issued by the corporations: carry an interest rate that changes according to the firm's level of risk. all of them are mostly issued by the largest and most creditworthy...


Commercial papers issued by the corporations:



carry an interest rate that changes according to the firm's level of risk.



all of them



are mostly issued by the largest and most creditworthy corporations, as they are unsecured.



maximum maturity is 270 days


Jun 07, 2022
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