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Commercial Paper

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evan
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evan

Joined: 01 May 2005

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174.73 Dollars($)

Posted: Sat Jul 08, 2006 5:19 am Post subject: Commercial Paper

Commercial Paper Short-term, unsecured, and usually discounted promissory note issued by commercial firms and financial companies often to finance current business. Commercial paper, which is rated by debt rating agencies, is sold through dealers or directly placed with an investor.

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