Which of the following organizations would be most likely to acquire short-term funding by issuing commercial paper?

Question

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Commercial paper is a short-term debt instrument that large, financially stable corporations often use to borrow money. These organizations have a high credit rating and can easily sell commercial paper to institutional investors. Small businesses, companies with significant accounts receivable, and organizations that prefer equity financing are less likely to issue commercial paper.

Which of the Following Organizations Would Be Most Likely to Acquire