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NEW QUESTION: 2
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D. default actions
Answer: B
NEW QUESTION: 3
Commercial paper is typically issued with a maturity date not exceeding:
A. 1 year
B. 90 days
C. 6 months
D. 270 days
Answer: D
Explanation:
270 days. A characteristic of commercial paper is relatively short duration, normally not
exceeding 270 days.
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