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15 January, 19:54

firm that has large securities holdings that wishes to raise money for a short length of time may be able to find the cheapest financing from which of the following? Reverse repurchase agreement Banker's acceptance Commercial paper Repurchase agreement

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  1. 15 January, 19:56
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    Answer: Reverse repurchase agreement

    Explanation: A reverse repurchase agreement is a money market instrument agreement for the purchase of securities now that will be sold on at a future date for a higher price.

    This agreement is a source of short term capital and are mainly financial instruments.
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