Commercial paper is usually issued in multiples of:
A) $1000 or more
B) $10 000 or more
C) $100 000 or more
D) $1 000 000 or more

Name: Commercial paper is usually issued in multiples of: A) $1000 or more B) $10 000 or more C) $100 000 or more D) $1 000 000 or more
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Question

Quizplus · Accepted Answer

Commercial paper is typically issued in denominations of $100,000 or more. This large denomination indicates that it is primarily intended for purchase by institutional investors rather than individual investors.

Commercial Paper Is Usually Issued in Multiples Of