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Which of the following are typical negotiable certificate of deposit (NCD) maturity lengths? Check all that apply. 1 month 6 months 9 months 10 years
Which of the following are typical negotiable certificate of deposit (NCD) maturity lengths? Check all that apply. 1 month 6 months 9 months 10 years Which of the following are characteristics of negotiable certificates of deposit (NCD)? Check all that apply. Their denominations are typically in multiples of $1,000,000. They offer lower yields than Treasury bills with the same maturity. Activity in their secondary market is moderate. They provide a return in the form of interest along with the difference between the secondary market selling price and the original purchase price
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