AFP
CTP · Question #505
(Topic 6) Which of the following short-term instruments is used to finance the import or export of
The correct answer is D. Banker's acceptance. See the full explanation below for the reasoning.
Question
- (Topic 6)
Which of the following short-term instruments is used to finance the import or export of
Options
- AConvertible bond
- BGovernment warrant
- CBill of lading
- DBanker's acceptance
How the community answered
(30 responses)- A3% (1)
- B7% (2)
- C10% (3)
- D80% (24)
Community Discussion
No community discussion yet for this question.