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Commercial paper? Of chapter 10?

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Commercial paper? Of chapter 10?

Posted by Anjali Shukla 5 years, 1 month ago

CBSE > Class 12 > Business Studies

1 answers

Mani Kumari 4 years, 11 months ago

It is a short term promissery note which is unsecured and negotiable. It is issued by credit worthy companies to raise short term funds at low rate of interst than market rates.it has a maturity period of 15 days to one year.

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This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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