Series 6 - Investment Company And Variable Contracts Products Representative Exam

Preview Mode

What is the relationship between rates of commercial paper and bank loan rates?

CP rates are lower than bank loan rates.
A
CP rates are the same as bank loan rates.
B
CP rates are higher than bank loan rates.
C
There is no relationship between CP rates and bank loan rates.
D

Explanations

Commercial paper rates are lower than bank loan rates.

Pricing