CDs are a. A promissory note issued by a bank. b. Allow commercial banks to raise short-term
Question:
CDs are
a. A promissory note issued by a bank.
b. Allow commercial banks to raise short-term finance.
c. Short for “certificates of deposit”.
d. All of the above are true statements.
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Related Book For
Stock Markets And Corporate Finance A Primer
ISBN: 9781800611474,9781800611498
1st Edition
Authors: Michael Dempsey
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