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Name the purpose(s) of commercial paper (as a negotiable instrument). Multiple Choice O Allows companies with strong credit ratings to raise funds to pay debts

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Name the purpose(s) of commercial paper (as a negotiable instrument). Multiple Choice O Allows companies with strong credit ratings to raise funds to pay debts or meet working capital needs. O Helps to promote marketing plans and increase sales revenue. O Serves as a way to extend credit and a substitution for money. Allows issuers to float funds and show greater levels of current assets nu

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