The Market for Extremely Short Period Loan Is Called

question 20

Multiple Choice

The market for extremely short period loan is called

• A)Call loan market
• B)short notice market
• C)treasury bill market
• D)commercial bill market

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net profit or loss.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified call price, allowing issuers to refinance debt if interest rates decline.

Fair Market Price

The price that a willing buyer and a willing seller agree upon, assuming both parties have reasonable knowledge of the item's relevance and are under no pressure to buy or sell.

Loss On Redemption

The loss incurred when a debt obligation or security is redeemed before its maturity date at a value less than the original purchase price or par value.