A large,well-established,highly rated firm needs to borrow money for the next 3 months.How would it likely get the best interest rate?

Question

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Issuing commercial paper is a common way for large, well-established firms to borrow money for short-term needs. Commercial paper is a type of unsecured debt that is typically issued by highly rated companies and can be sold at a discount to face value. Because the firm in question is already highly rated, it is more likely to be able to issue commercial paper at a favorable interest rate compared to other borrowing options like inventory loans, factoring receivables, or getting a discounted loan.

A Large,well-Established,highly Rated Firm Needs to Borrow Money for the Next