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Which of the following statements is true? The majority of commercial paper (CP) is issued by financial institutions. Short-term government bills usually pay interest as
Which of the following statements is true?
The majority of commercial paper (CP) is issued by financial institutions.
Short-term government bills usually pay interest as a percentage of principal at maturity.
Asset-backed commercial paper (ABCP) is the term used for CP issued by real estate companies.
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