Commercial paper was a popular financing method before the credit crunch of 2007-08 due to:
A) Higher borrowing rates for qualified firms compared to bank rates.
B) Decreased ability of corporations to raise short-term funds.
C) Decrease in government borrowing.
D) Lower costs to borrowers for bankers' acceptances.

Question

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The Answer of Commercial paper was a popular financing method before the credit crunch of 2007-08 due to:
A) Higher borrowing rates for qualified firms compared to bank rates.
B) Decreased ability of corporations to raise short-term funds.
C) Decrease in government borrowing.
D) Lower costs to borrowers for bankers' acceptances.

Commercial Paper Was a Popular Financing Method Before the Credit