Asked by Maryam Ahsan on Apr 29, 2024

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Which of the following is a form of short-term financing sold by corporations,such as Raytheon,that mature from 1 to 270 days from the date of issue?

A) Bonds
B) CDs
C) Treasury bills
D) Commercial paper

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically for the financing of accounts receivable and inventories.

Short-Term Financing

Funding obtained for a period of one year or less, used to cover immediate needs such as working capital requirements.

  • Pinpoint and expound upon the assorted types of debt securities and the entities that issue them.
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FT
fania tansriApr 29, 2024
Final Answer :
D
Explanation :
Commercial paper is a form of short-term financing used by corporations, including large entities like Raytheon, which typically matures within 1 to 270 days from the date of issue. It is an unsecured, short-term debt instrument.