3. Money market instruments: Negotiable certificates of deposit Which of the following are typical negotiable certificate of deposit (NCD) denominations? Check all that apply. $500,000 $900,000 $1,000,000 $2,000,000 Which of the following are characteristics of negotiable certificates of deposit (NCD)? Check all that apply. Activity in their secondary market is low. The return they provide does not include any interest. They offer higher yields than Treasury bills with the same maturity. Their denominations are typically in multiples of $1,000,000. Suppose Rajiv purchased an NCD a year ago on the secondary market for $99,200 and redeems it today upon maturity for $100,000 plus $4,500 in interest. The annualized yield on this NCD is: 4.81% 5.29% 5.34% O 5.66%