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________ Is a Short-Term,unsecured Discount Note Issued by Corporate Borrowers

Question 89

Multiple Choice

________ is a short-term,unsecured discount note issued by corporate borrowers of high credit standing.The major banks generally issue these notes on their behalf.


A) A line of credit
B) Commercial paper
C) A revolving line of credit
D) A fully drawn advance

Correct Answer:

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