Which of the following is NOT considered a permanent source of financing?

Name: Which of the following is NOT considered a permanent source of financing?
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Question

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Commercial paper is a short-term source of financing, usually with maturities of less than 270 days. Therefore, it is not considered a permanent source of financing. Corporate bonds, ordinary shares, and preference shares are all considered permanent sources of financing as they involve raising capital for the long term.

Which of the Following Is NOT Considered a Permanent Source