Question
BARCLAYS BANK CD RATES TERM APY MINIMUM DEPOSIT 3 months 0.10% $0 6 months 0.10% $0 9 months 0.10% $0 12 months 0.40% $0 18
- BARCLAYS BANK CD RATES
| TERM | APY | MINIMUM DEPOSIT |
| 3 months | 0.10% | $0 |
| 6 months | 0.10% | $0 |
| 9 months | 0.10% | $0 |
| 12 months | 0.40% | $0 |
| 18 months | 0.40% | $0 |
| 24 months | 0.40% | $0 |
| 3 years | 0.40% | $0 |
| 4 years | 0.40% | $0 |
| 5 years | 0.40% | $0 |
Suggest what could be a suitable investment objective to this financial instrument and why?
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Finance Introduction To Institutions Investments And Management
Authors: Ronald W. Melicher, Edgar A. Norton
12th Edition
0471675792, 9780471675792
