Question

    What is the minimum maturity period for which Commercial Paper (CP) can be issued?

    A 4 days Correct Answer Incorrect Answer
    B 3 days Correct Answer Incorrect Answer
    C 7 days Correct Answer Incorrect Answer
    D 10 days Correct Answer Incorrect Answer

    Solution

    Commercial Paper, a short-term unsecured promissory note, is issued with a minimum maturity of 7 days, providing a quick financing option for highly rated corporate borrowers.

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