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Question 145 - CTFA discussion

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Commercial paper is essentially:

A.
Another form of junk bond
Answers
A.
Another form of junk bond
B.
A short-term unsecured corporate IOU
Answers
B.
A short-term unsecured corporate IOU
C.
An intermediate-term corporate bond
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C.
An intermediate-term corporate bond
D.
A certificate that may be exchanged for a share of common stock at a specified future date
Answers
D.
A certificate that may be exchanged for a share of common stock at a specified future date
Suggested answer: B
asked 16/09/2024
Cynan Jones
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