单选题
编号:2692152
1. Which of the following statements about debt securities is least accurate?
- A.Commercial paper is a short-term(less than nine months) vehicle for corporate borrowing.
- B.An asset-backed security is a security whose cash flows are linked to a pool of underlying loans or financial instruments.
- C.A medium-term note(MTN) differs from a corporate bond in that an MTN is sold to investors on a "firm commitment" basis where in the investment banker guarantees a price to the issuer.