Chapter 11 - Commercial Banks, Major Corporations, and Federal Credit Agencies in the Money Market24.What do we mean by the term commercial paper?
25. Why is commercial paper attractive to such money market investors as banks, insurance companies, money market funds, and industrial companies?
26.Describe the functions that dealers perform in the functioning of the commercial paper market. In what market segments are they most active? Least active?
27. Why do some investors find commercial paper unsatisfactory for their needs?