what is commercial paper ? What are its advantages and limitations ?
Answers
Answered by
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
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.
Similar questions