• 2022-05-27
    When a company discounts a commercial bill, this means the company:
    A: borrows funds.
    B: buys a commercial bill.
    C: lends surplus funds.
    D: invests in commercial bills.
  • A

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    • 0

      The economic behavior of a commercial bank to discount its unexpired commercial paper to the central bank to obtain funds is ( ). A: Rediscounting B: Interbank discounting C: Mortgage D: Asset securitization

    • 1

      Which of the following statements about the money market are true? A: Not all commercial banks deal for their customers in the secondary market. B: Money markets are used extensively by businesses both to warehouse surplus funds and to raise short-term funds. C: The single most influential participant in the U.S. money market is the U.S. Treasury Department. D: All of the above are true. E: Only (a) and (b) of the above are true.

    • 2

      When a holder of a commercial bill sells it before its maturity date the return to the holder is called the holding period return.

    • 3

      The company denied that its donations had commercial purpose.

    • 4

      elating to business A: commence B: comment C: company D: commercial