Which of the following is NOT considered a source of short-term financing?
A)a 10-year bond
B)a banker's acceptance
C)a 90-day bank loan
D)an issue of commercial paper

Question

Quizplus · Accepted Answer

A 10-year bond is a form of long-term financing, as it has a maturity period of 10 years. The other options - banker's acceptance, 90-day bank loan, and commercial paper - are all considered sources of short-term financing as they have a maturity period of less than one year.

Which of the Following Is NOT Considered a Source of Short-Term