Which of the following is NOT a reason why a firm would choose to follow an aggressive financing policy? A. to take advantage of lower interest rates O B. to reduce sensitivity to the firm's credit quality O C. to reduce exposure to funding risk O D. to reduce agency costs Which of the following statements is FALSE? O A. The interest on commercial paper is typically paid by selling it at an initial discount. O B. Extending the maturity of commercial paper beyond 270 days triggers a registration requirement with the Securities and Exchange Commission (SEC), which increases issue costs and creates a time delay in the sale of the issue O C. Unlike long-term debt, because of its short maturity, commercial paper is not rated by credit rating agencies. O D. Commercial paper is short term, unsecured debt used by large corporations that is usually a cheaper source of funds than a short term bank loan