By contrast, retail CDs with face values under $100,000 are not traded. Thus, a negotiable CD is
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By contrast, retail CDs with face values under $100,000 are not traded. Thus, a negotiable CD is more “liquid” to an investor than a retail CD or time deposit? LO.1
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Related Book For
Financial Markets And Institutions
ISBN: 9781259919718
7th Edition
Authors: Anthony Saunders, Marcia Cornett
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