Author Question: ________ is a short-term promissory note sold by large corporations to raise cash. A) U.S. ... (Read 201 times)

jenna1 · **on:** Jul 10, 2018

________ is a short-term promissory note sold by large corporations to raise cash.

A) U.S. Treasury bill B) Repurchase agreement
C) Commercial paper D) Money-market mutual fund

Question 2

Which of the statements below is TRUE?

A) The frequency of bankruptcy for a high-tech up-start firm is lower than for a blue-chip firm, so we see higher borrowing rates for start-ups than for mature firms.
B) The frequency of bankruptcy for a high-tech up-start firm is higher than for a blue-chip firm, so we see lower borrowing rates for start-ups than for mature firms.
C) The frequency of bankruptcy for a high-tech up-start firm is lower than for a blue-chip firm, so we see lower borrowing rates for start-ups than for mature firms.
D) The frequency of bankruptcy for a high-tech up-start firm is higher than for a blue-chip firm, so we see higher borrowing rates for start-ups than for mature firms.

vish98 · **Reply #1 on:** Jul 10, 2018

Answer to Question 1

C

Answer to Question 2

Answer: D
Explanation: D) All other answers besides D have at least one word that disagrees with the correct words found in D.