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The maturity period of a commercial paper usually ranges from
  • a)
    120 to 365 days
  • b)
    60 to 90 days
  • c)
    90 to 364 days
  • d)
    20 to 40 days
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The maturity period of a commercial paper usually ranges froma)120 to ...
Commercial paper is an unsecured promissory note issued by a firm to raise funds for a short period, varying from 90 days to 364 days after which it has to be redeemed.
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Community Answer
The maturity period of a commercial paper usually ranges froma)120 to ...
It is an unsecured promissory note issued by a firm to raise funds for a short period of 90 t0 364 days.
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