Start learning →

Unlike Treasury bills, commercial paper lacks a robust:

ASecurity manual
BSettlement machine
CSeasonal margin
DSecondary market
Answer & Solution
Correct answer: D. Secondary market
1. Holders cannot easily resell it. 2. It is usually held to maturity. 3. So there is no robust secondary market. _Source: OpenStax Principles of Finance, Chapter 12, US Financial Markets._
Practise this question with Quill — NCFM Capital Market →

Keep practising Money and Capital Markets

Browse all Money and Capital Markets questions for NCFM Capital Market, or explore more Finance topics.

Start a Money and Capital Markets lesson →
Related questions
Financial markets bingoType the numberSort the market ideasNew issue or resaleSlice the market wordsRun the market gatesPop the money market traitsCatch the money market items