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<p><span>a- Face Value</span></p> <p><span>b- Issue Price</span></p> <p><span><span>c- Coupon Rate</span></span></p> <p><span><span>d- None of the above</span></span></p> <p> </p>
A commercial paper is Issued for a Face value payable on maturity at a discounted rate(issue price) fixed on the basis of coupon (indirectly related) rates.
All the3 are applicable.
But on the face of commercial paper Issue price may not be mentioned.
ANSWER D
Option C
none of the above.....................
Agree with Mr. VENKITARAMAN
The Answer C
Agree with Mr. VENKITARAMAN
option C is the correct
(C) Coupon Rate........
Coupon Rate
