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Which of the following is NOT correct with regard to commercial paper? 1. they are unsecured notes 2. they have minimum denomination of $5,000 3.

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Which of the following is NOT correct with regard to commercial paper? 1. they are unsecured notes 2. they have minimum denomination of $5,000 3. none of the these, all are correct 4. they are often purchased as investments by other companies Abba Company issues a $200,000 face amount, 8% semi-annual 10-year bonds when the market rate is 7%. The number of interest periods utilized to determine interest expense incurred on the bond is 01.5 periods 0 2.20 periods 3. 0410 periods 40 periods

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