Which of the Following Statements Is NOT Correct? Commercial Paper

question 30

Multiple Choice

Which of the following statements is NOT correct? Commercial paper:

• A)is a very old financial instrument.
• B)can get a bank acceptance to be more attractive.
• C)is an unsecured promissory note.
• D)trades at a discount of its face value.

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Definitions:

Capacitive Reactance

The measure of opposition that a capacitor presents to alternating current, depending on the frequency of the current and the capacitance value.

Capacitive Reactance

A measure of opposition that a capacitor offers to alternating current (AC), dependent on the frequency of the current and the capacitor's capacitance.

Applied Frequency

The frequency, typically measured in hertz (Hz), at which an alternating current (AC) is supplied to a circuit or device.

Capacitor

An electronic component that stores electrical energy in an electric field, commonly used in circuits to filter, stabilize, or store voltage temporarily.