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Commercial paper is a short-term security issued by _ to raise funds?

 

A. the Federal Reserve Bank

B. commercial banks

C. large, well-known companies

D. the New York Stock Exchange

E. state and local governments

 

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Question added by Sultan Alghamdi
Date Posted: 2016/02/20
Deleted user
by Deleted user

Large well-known companies usually issue commercial paper.

Ahmed Alkhateb
by Ahmed Alkhateb , Independent Accounting , Self employed

Commercial paper is short-term unsecured financing issued directly by large well-known companies 

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