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What is the maturity range of Commercial Paper?

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Question

What is the maturity range of Commercial Paper?

Options

  • 91 days to 1 year

  • 15 days to 1 year

  • Less than 15 days

  • 14 days to 364 days

MCQ
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Solution

Commercial Paper has a maturity of 15 days to 1 year. This makes it suitable for short-term financing.

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