Use the following statements to answer this question: I. Corporate pap

Use the following statements to answer this question: I. Corporate paper rates are typically less than one percent higher than Treasury bill rates. II. Treasury bill rates may be viewed a short-term, risk-free rates.

A) I and II are true.
B) I is true and II is false
C) II is true and I is false
D) I and II are false

ANSWER

A