Commercial paper is sold in both the capital and money markets.

Name: Commercial paper is sold in both the capital and money markets.
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Commercial paper is a short-term unsecured promissory note issued by corporations, typically used for the financing of accounts receivable, inventories, and meeting short-term liabilities. It is sold in the money market, not the capital market, which deals with long-term securities.

Commercial Paper Is Sold in Both the Capital and Money