What is the difference between the corporate paper rate and the corpor

What is the difference between the corporate paper rate and the corporate bond rate?

A) The corporate paper rate refers to interest rates paid on high-quality corporate bonds of relatively short duration (up to 6 months).
B) The corporate paper rate refers to interest rates paid on high-quality corporate bonds of relatively long duration (typically 20 years).
C) The corporate bond rate refers to interest rates paid on long-term (typically 20 year) corporate bonds that may represent varying quality or risk.
D) A and B are correct.
E) A and C are correct.

ANSWER

E