Commercial paper is generally issued in multiples of
A) $1,000 or more.
B) $10,000 or more.
C) $100,000 or more.
D) $1,000,000 or more.

Question

Quizplus · Accepted Answer

Commercial paper is typically issued in denominations of $100,000 or more. This means that investors who want to participate in the market must typically have a large amount of capital to invest. Lower denominations are less common, but commercial paper can be issued in denominations as low as $1,000 or $10,000 in some cases.

Commercial Paper Is Generally Issued in Multiples of