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If a manager wanted to invest excess funds in a short-term, unsecured promissory note issued by a corporation (generally other than financial intermediaries), the manager
If a manager wanted to invest excess funds in a short-term, unsecured promissory note issued by a corporation (generally other than financial intermediaries), the manager should invest in which of the following?
A. commercial paper
B. Eurodollar bonds
C. certificates of deposit
D. banker's acceptance
E. none of the above would qualify for such an investment criteria
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