Large, highly-rated firms sometimes sell commercial paper:

Are you having trouble answering the question “Large, highly-rated firms sometimes sell commercial paper:”? If that’s the case, you don’t need to worry anymore. Azanswer has brought you the correct answer to your question.

Large, highly-rated firms sometimes sell commercial paper:

A) To borrow funds at a lower rate than through a bank.

B) To borrow funds when they cannot obtain a loan from a bank.

C) Because they can’t borrow anywhere else.

D) To improve their credit rating.

Answer: A

We hope you have got the correct answer to your question “Large, highly-rated firms sometimes sell commercial paper:”, which was part of Accounting MCQs & Answers. Thanks for choosing us.