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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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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