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Which of the following are characteristics of commercial paper? Check all that apply. Firms are the most common investors in these securities. Their denominations are
Which of the following are characteristics of commercial paper? Check all that apply. Firms are the most common investors in these securities. Their denominations are typically in multiples of $1 million. They are typically used to finance a firm's investment in inventory and accounts receivable. They are typically used as an alternative to long-term bank loans
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