[Solved] Which of the following can be described as involving direct finance?

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Q.	Which of the following can be described as involving direct finance?
A.	A corporation’s stock is traded in an over-the-counter market.
B.	A corporation buys commercial paper issued by another corporation.
C.	A pension fund manager buys commercial paper from the issuing corporation.
D.	Both (B) and (C) of the above.
Answer» D. Both (B) and (C) of the above.

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