The maximum maturity days of holding commercial paper are ___________?

Related Mcqs:

1. The commercial paper issued with low interest rate thus the commercial paper are categorized as ___________?

   A. payables rating
   B. commercial rating
   C. poor credit rating
   D. better credit rating

2. The principal issuer of the commercial papers are commercial banks and the major investors of principal investors includes ____________?

   A. brokers and dealers
   B. corporations
   C. other financial institutions
   D. all of the above

3. The financial instrument such as commercial paper can be sold ____________?

   A. issued by commercial banks
   B. directly
   C. with brokers or dealers
   D. functional buyers

4. If the 180 days T-bill have the maturity of one year with the value of $9250 and face value is $10000 then reported discount yield is __________?

   A. 0.2
   B. 0.13
   C. 0.14
   D. 0.15

5. If the 175 days T-bill have the maturity of one year with the value of $8000 and face value is $10000 then reported discount yield is _____________?

   A. 0.525
   B. 0.4114
   C. 0.4214
   D. 0.4514

6. The repurchase price is subtracted from selling price, divided by selling price and multiplied to 360 by number of days, Up to maturity to calculate _____________?

   A. repurchase agreement yields
   B. purchase agreement yields
   C. repurchase yields
   D. transaction yields

7. The forgone amount for holding the balances of cash at the time they are received is classified as ____________?

   A. forgone cost
   B. debt cost
   C. opportunity cost
   D. balances cost

8. The commercial papers cannot be converted in to cash with easy and quick transactions because of lack of ___________?

   A. organized secondary markets
   B. organized primary market
   C. organized interest markets
   D. organized money markets

9. The repurchase agreements having maturity of longer term have denominations of ____________?

   A. $40 million
   B. $10 million
   C. $20 million
   D. $30 million

10. The agreement which incurs the transaction between two parties and promise held that second party will sell security at specific maturity is classified as __________?

    A. repurchasing commercial notes
    B. repurchase bills
    C. purchase agreement
    D. reverse repurchase agreement