5. Which one of the following financial instruments are not tied to interest? a. Commercial paper b. Treasury bills c. Debentures d. Bonds
Added by Albert F.
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- **Commercial paper**: This is a short-term unsecured promissory note issued by companies, typically used for the financing of accounts receivable, inventories, and meeting short-term liabilities. It usually has a fixed interest rate. - **Treasury bills**: Show more…
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