FUND.OF CORP.FINANCE PKG. F/BU >C<
16th Edition
ISBN: 9781323165997
Author: Berk
Publisher: PEARSON C
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Chapter 20, Problem 9CT
Summary Introduction
Direct paper: Direct paper as the name suggests it is a commercial paper which is sold by firm directly to investors. The firm does not take the help of any middleman to sell the commercial paper.
Dealer paper: Dealer paper is a commercial paper in which is sold to investors with the help of the third person. The firm approaches the middlemen to sell commercial paper. The firm takes the help of dealer to issue its commercial paper.
To Identify: The difference between direct paper and dealer paper.
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Chapter 20 Solutions
FUND.OF CORP.FINANCE PKG. F/BU >C<
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