NO.PZ2023120801000022
问题如下:
Which of the following statements relating to commercial paper is most accurate?
选项:
A.There is no secondary market for trading commercial paper.
Only the strongest, highly rated companies issue commercial paper.
Commercial paper is a source of interim financing for long-term projects.
解释:
Correct Answer: C
Companies use commercial paper not only as a source of funding working capital and seasonal demand for cash, but also as a source of interim financing for long-term projects until permanent financing can be arranged. A is incorrect because there is a secondary market for trading commercial paper, although trading is limited except for the largest issues. B is incorrect because commercial paper is issued by companies across the risk spectrum, although only the strongest, highly rated companies issue low-cost commercial paper.
商业票据不是一般一年以下吗,为什么说是用于长期融资