Suppose that you are the credit manager for a small clothing manufacturer. You main responsibility is deciding to whom your company should extend credit. Respond to the following question. Dull’s...

Suppose that you are the credit manager for a small clothing manufacturer. You main responsibility is deciding to whom your company should extend credit. Respond to the following question.

1. Dull’s Department Store, Inc., is a large publicly traded corporation that issues commercial paper. How can you inexpensively access its creditworthiness?


2. Will the strategy in a. work as well if markets are inefficient?