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The Commercial Paper market was developed to do which of the following (choose the best answer) A. To help commercial banks make more loans to
The Commercial Paper market was developed to do which of the following (choose the best answer) A. To help commercial banks make more loans to highly rated companies B. To help highly rated companies manage short term timing mismatches between the receipt of revenues and the payment of expenses C. To provide insurance companies with a long term debt instrument to invest in to help manage their assets and liabilities D. None of the above The Commercial Paper market was developed to do which of the following (choose the best answer) A. To help commercial banks make more loans to highly rated companies B. To help highly rated companies manage short term timing mismatches between the receipt of revenues and the payment of expenses C. To provide insurance companies with a long term debt instrument to invest in to help manage their assets and liabilities D. None of the above
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