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Commercial paper is issued with maturities that do not exceed 270 days because: Select one: A. Usually the collateral consists of short-term assets B. Companies

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Commercial paper is issued with maturities that do not exceed 270 days because: Select one: A. Usually the collateral consists of short-term assets B. Companies do not want to pay high interest rates C. Companies use it to fund working capital needs D. It exempts the borrowing from SEC regulation

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