Question
(CO 6) A time draft drawn on and accepted by a commercial bank that orders to pay a specified amount of money to the bearer
(CO 6) A time draft drawn on and accepted by a commercial bank that orders to pay a specified amount of money to the bearer on a given date is called a _____.
Group of answer choices
letter of credit
negotiable certificate of deposit
banker's certificate of support
banker's acceptance
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International Finance Putting Theory Into Practice
Authors: Piet Sercu
1st edition
069113667X, 978-0691136677
