How does commercial paper differ from a bank loan? Why is the interest rate often less for

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How does commercial paper differ from a bank loan? Why is the interest rate often less for commercial paper?

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Intermediate Accounting

ISBN: 978-1260481952

10th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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Question Posted: Jul 02, 2013 06:33 AM

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How does commercial paper differ from a bank loan? Why is the interest rate often less for

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Commercial paper represents loans from other corporations It refers to unsecu...View the full answer

Intermediate Accounting

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