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Course name: FIN440 Course Code: Financial institution and markets Questions Q1. Define the commercial paper and explain the changes in outstanding value of commercial papers

Course name: FIN440
Course Code: Financial institution and markets image text in transcribed
Questions Q1. Define the commercial paper and explain the changes in outstanding value of commercial papers before and after global financial crisis through the given statistics for money market instruments below. (30 MARKS) Outstanding amounts of Commercial Papers (CP) and Treasury Bills (T-Bill) 2013 2000 36.6% 18.9% 33.7% 14.4% T-Bill T-BUNI

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