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Which is not a typical feature of a commercial paper

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Reference no: EM132932037

Problem 1: Which of the following is not a typical feature of a commercial paper?

Select one:

a. it is issued by the private sector

b. it is issued mainly by financial institutions

c. it is mainly issued by large manufacturers

d. it is usually unsecured

e. the issuer usually has a line of credit available as a backup.

Reference no: EM132932037

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