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What is the primary purpose of Commercial Paper (CP)?a)To facilitate the trading of commodities in the derivatives market.b)To raise funds quickly for short-term financial needs.c)To serve as a long-term investment option for individuals.d)To provide collateral for mortgages in the real estate market.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary purpose of Commercial Paper (CP)?a)To facilitate the trading of commodities in the derivatives market.b)To raise funds quickly for short-term financial needs.c)To serve as a long-term investment option for individuals.d)To provide collateral for mortgages in the real estate market.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of Commercial Paper (CP)?a)To facilitate the trading of commodities in the derivatives market.b)To raise funds quickly for short-term financial needs.c)To serve as a long-term investment option for individuals.d)To provide collateral for mortgages in the real estate market.Correct answer is option 'B'. Can you explain this answer?.

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