Quiz Ch 02 – Direct Debt Offering by Major Corporations

Essentials of Investments

Bodie, Kane, and Marcus

12th Edition

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What is the specialized term for the short-term unsecured debt notes that prominent corporations issue directly to the public, bypassing traditional bank borrowing?

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  • Search Terms: _______. a) certificates acceptances d) commercial agreements c) bankers' are banks; borrowing called companies debt deposit b) repurchase directly from issue large notes of often own paper public, rather short-term than the their to unsecured well-known
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