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WHAT ARE EUROCOMMERCIAL PAPERS? Select one: a. Derivative mortgage backed assets in Europe. b. European stocks traded in the New York Stock Exchange. c. Unsecured

WHAT ARE EUROCOMMERCIAL PAPERS?

Select one:

a. Derivative mortgage backed assets in Europe.

b. European stocks traded in the New York Stock Exchange.

c. Unsecured promissory notes issued by a corporation or a bank and sold directly to investors at a discount from face value. Their maturity is typically between 1 and 6 months.

d. Business newspapers in Europe.

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