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Basic Question 6 of 15
Companies issue commercial paper ______.
II. for bridge financing purpose
III. to fund long-term projects
I. to fund working capital or to meet seasonal demand for cash
II. for bridge financing purpose
III. to fund long-term projects
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
compare short-term funding alternatives available to corporations and financial institutions
CFA® 2024 Level I Curriculum, Volume 4, Module 4.