English, asked by jatinjoshiteacher090, 4 months ago

what is commercial paper ? What are its advantages and limitations ?​

Answers

Answered by nishitkondhia
0

Answer:

Commercial paper is an unsecured promissory note issued by a firm to raise funds for a short period, varying from 90 days to 364 days. ... The CP can be issued only by firms having good credit rating as this debt is totally unsecured.

Answered by erigirlerigirl
1

Answer:

Commercial paper is an unsecured promissory note issued by a firm to raise funds for a short period, varying from 90 days to 364 days.

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