3. Money market instruments: Negotiable certificates of deposit Which of the following are typical negotiable certificate of deposit (NCD) maturity lengths? Check all that apply. U 1 month 2 weeks 3 years 9 months 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 Firms are the most common direct Investors in these securities, They offer higher yields than Treasury bills with the same maturity, Suppose Brian purchased an NCD a year ago on the secondary market for $992,000 and redeems it today upon maturity for $1,000,000 plus $37,000 in interest. The annualized yield on this NCD 15. 4.22% @ 4.45% 4.54% 4.90%