Solved: I wonder how often companies default on commercial paper, Corporate Finance

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I wonder how often companies default on commercial paper

Commercial Paper

As commercial paper is unsecured debt, it is considered riskier and requires a higher return from the issuers.

I wonder how often companies default on commercial paper. Does anyone know whether there is really risk of default with commercial paper?

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Corporate Finance: I wonder how often companies default on commercial paper

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Corporate Finance: I wonder how often companies default on commercial paper

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