Question

ne of these
'MICO Automobiles Ltd.' is engaged in manufacturing of auto parts for car manufacturing companies. The company enjoys
good credirworthiness. It now wants to expand its business by investing in new plant and machinery. FOr this it requires
long terms finance. Arch, the Finance Manager of the company advised the CEO of the company to raise funds by issuing
equity shares. It requires huge floatation cost the company decided to tap the money market. The money marker instrument
the
(1)
company can use for meeting the floatation cost is
(a) Treasury Bill (b) Call Money (c) Commercial Paper (d) Certificate of Deposit​

Answer 1

Answer:

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