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According to the video The Commercial Paper Funding Facility, Explained, which of the following statements is true concerning commercial paper (CP) and commercial paper markets?

According to the video "The Commercial Paper Funding Facility, Explained", which of the following statements is true concerning commercial paper (CP) and commercial paper markets? Question 47Answer a. CP is issued by companies and governments to support a variety of economic activities b. CP financing is used for such things as purchasing inventories and meeting payroll payments c. The CP market was strained by the Covid-19 crisis in 2020, causing significantly higher CP interest rates d. Each of these answers is correct

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