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At Any Given Time, the Yield on Commercial Paper Is

Question 17

Multiple Choice
At any given time, the yield on commercial paper is ____ the yield on a T-bill with the same maturity.

At any given time, the yield on commercial paper is ____ the yield on a T-bill with the same maturity.


A) slightly less than
B) slightly higher than
C) equal to
D) A and B both occur with about equal frequency

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