A rise in call money rates makes other sources of finance such as commercial paper and certificates of deposit
A) Expensive in comparison with banks who raise funds from these sources.
B) Cheaper in comparison with banks who raise funds from these sources.
C) Creates no effect on other sources.
D) None of the above
Correct Answer:
Verified
Q20: It is an instrument of short-term borrowing
Q21: Who issues a treasury bill?
A)Any nationalised bank
B)Any
Q22: Suppose an investor purchases a 91 days
Q23: It is used as an alternative to
Q24: It is a method by which banks
Q26: It is a short-term, negotiable, self-liquidating instrument
Q27: The capital market consists of
A)Development banks
B)Commercial banks
C)Stock
Q28: A company can raise capital through the
Q29: They can be issued to individuals, corporations
Q30: Which of the following participants represent capital
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