Risk and Return Analysis of Commercial Paper

Rao, M S and Pillai, K R (2011) Risk and Return Analysis of Commercial Paper. Asia-Pacific Business Review, 7 (4). pp. 40-49.

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Abstract

Among the various alternatives of short-term financing, ommercial paper is an important first choice debt nstrument. This study makes an attempt to make a comparative analysis on the effect of financial crisis on the returns of commercial paper in India and America based on secondary data sources. The study depicts the behavior of rate of return and risks associated with commercial paper against the backdrop of the global financial crisis. A remarkable finding of the study is that as the Indian outstanding commercial paper market increases considerably, the US market experiences a sizeable decrease.

Item Type: Article
Uncontrolled Keywords: commercial paper, short-term finance, short-term investment, short-term debt instrument, discount rate, risk and return, unsecured promissory notes
Subjects: Management > MIM Manipal
Depositing User: MIM User
Date Deposited: 06 Nov 2014 05:53
Last Modified: 07 Nov 2014 04:45
URI: http://eprints.manipal.edu/id/eprint/140982

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