Through commercial papers, large amounts of money can be raised at ______. This makes commercial paper an attractive financing option.
A) interest rates that are usually lower than those charged by banks
B) interest rates that are usually higher than those charged by banks
C) interest rates that are usually the same as those charged by banks
D) zero interest rates

Question

Quizplus · Accepted Answer

Commercial papers typically offer lower interest rates than bank loans or other forms of financing. This makes them a more attractive option for companies looking to raise large amounts of money.

Through Commercial Papers, Large Amounts of Money Can Be Raised