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If the liquidity premium theory was the only correct theory, yield curves would always be upward-sloping. TRUE OR FALSE One major disadvantage of commercial paper
If the liquidity premium theory was the only correct theory, yield curves would always be upward-sloping. TRUE OR FALSE
One major disadvantage of commercial paper is that if the company's credit quality declines, refinancing existing commercial paper might be impossible to achieve through a new issue of commercial paper. TRUE OR FALSE
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