Which one of the following is the method most often used by large, financially sound corporations when they use the money markets?

Question

Quizplus · Accepted Answer

Commercial paper is the most common method used by large, financially sound corporations when they use the money markets. Commercial paper is an unsecured short-term promissory note issued by corporations with extremely high credit ratings. It is usually issued for a period of less than 270 days and is sold at a discount with the face value paid at maturity. Debentures, bankers' acceptances, and time drafts are less commonly used by corporations in the money markets.

Which One of the Following Is the Method Most Often