| Which of the following statement is true about commercial paper? (1) It is a promissory note (2) It is traded in the money market (3) It was introduced in 1990 (4) It secure instrument |
A) Option 3 & 4 are correct.
B) Option 1 & 2 are correct.
C) Option 2 & 3 are correct.
D) Option 1, 2 & 3 are correct.
E) All options are correct.
Correct Answer: D
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