28.

In relation to commercial paper(CP):

Select one:

a. CPs with a face value of more than $100,000 are non-negotiable.

b. CP generally pay higher interest, as they are illiquid.

c. The interest for CPs is compounded monthly instead of annually

d. There is a floating rate of interest on a CP before its maturity.

e. CP are large company borrowing directly in money markets