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1.A promissory note (PN) that is issued for more than one year is regarded as: a zero-coupon bond negotiable certificate of deposit (NCD) a floating

1.A promissory note (PN) that is issued for more than one year is regarded as:

a zero-coupon bond

negotiable certificate of deposit (NCD)

a floating rate note (FRN)

None of the options

commercial paper (CP)

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