Assume That a Large Corporation, Such as General Electric, Needs

question 15

Multiple Choice

Assume that a large corporation, such as General Electric, needs money in the short term. Which one of the following securities is that corporation most likely to issue to meet this need?

• A)commercial paper
• B)prime rate loan
• C)corporate bond
• D)secured bill
• E)banker's acceptance

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Definitions:

Public Relations

The professional discipline focused on maintaining and managing the public image of a person, organization, or company.

Low Demand

Pertains to situations where there is little desire or requirement for a product, service, or action, often leading to decreased value or priority.

Saying No

The act of refusing or declining a request or demand, often as a means of setting boundaries or prioritizing one's own needs and limitations.

Heparin

An anticoagulant medication used to prevent and treat blood clots by increasing the time it takes blood to clot.