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Coach Limited is a large and …

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Coach Limited is a large and creditworthy company manufacturing coaches for Indian railways it now wants to export these coaches to other countries and decide to invest in new Hitech machines since the investment is large it requires long term finance it decide to raise funds by issuing equity shares the issue of equity share involves huge floatation cost to meet the expenses of floatation cost the company decide to tap the money market first name and explain the money market instrument and the count and used for the above purpose be what is the duration for which the company can get funds through this instrument C state any other purpose for which this instrument can be used

Posted by Ananya Tiwari 7 years, 1 month ago

CBSE > Class 12 > Business Studies

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Vansh Rastogi 7 years, 1 month ago

Money market instrument is COMMERCIAL PAPER

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