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.
B错在Only对么？应该是所有公司都能发行commercial paper?
