Commercial papers are short-term unsecured promissory notes issued by companies to raise funds. The major investors in commercial papers include brokers, dealers, corporations, and financial institutions. These investors prefer commercial papers because they provide higher returns compared to traditional savings... Read More
Commercial papers are short-term unsecured promissory notes issued by companies to raise funds. The major investors in commercial papers include brokers, dealers, corporations, and financial institutions. These investors prefer commercial papers because they provide higher returns compared to traditional savings and are considered relatively safe for short-term investment.
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