Commercial paper securities are unsecured promissory debts


1. True or False - Commercial paper securities are unsecured promissory debts, issued by corporations, that mature in no more than 270 days.

2. ( ) Treasury bonds are subject to ________ risk but are free of ________ risk.

A. default; interest-rate

B. default; underwriting

C. interest-rate; default

D. interest-rate; underwriting

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Financial Management: Commercial paper securities are unsecured promissory debts
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