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Which of the following statements is correct? 1. Commercial papers are short-term debt instruments issued by companies and/or the government. II. Repurchase agreements may have

Which of the following statements is correct? 1. Commercial papers are short-term debt instruments issued by companies and/or the government. II. Repurchase agreements may have a maturity of only 1 day. I only Il only Both I and II Neither I nor

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