A characteristic of negotiable certificates of deposit is: A. They are mostly available in small denominations. B.

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A characteristic of negotiable certificates of deposit is:

A. They are mostly available in small denominations.

B. They can be sold in the open market prior to maturity.

C. A penalty is imposed if the depositor withdraws funds prior to maturity.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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Question Posted: Nov 05, 2023 12:16 AM

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A characteristic of negotiable certificates of deposit is: A. They are mostly available in small denominations. B.

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The correct characteristic of negotiable certificates of deposit is B They can be sold in the open m...View the full answer

Fixed Income Analysis

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