Which one of the following noninterest costs is NOT associated with using commercial paper?
A)licensing fees
B)backup lines of credit
C)fees to commercial banks
D)rating service fee

Question

Quizplus · Accepted Answer

Noninterest costs associated with using commercial paper typically include fees to commercial banks, rating service fees, and fees for backup lines of credit. Licensing fees are typically not associated with using commercial paper.

Which One of the Following Noninterest Costs Is NOT Associated