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    Exam 5: Financial Services: Savings Plans and Payment Accounts
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    Automatically Buying a New CD Upon Maturity of the Current
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Automatically Buying a New CD Upon Maturity of the Current

Question 48

Question 48

Multiple Choice

Automatically buying a new CD upon maturity of the current CD is commonly referred to as:


A) creating a CD portfolio.
B) rolling over.
C) refinancing.
D) calling a CD.
E) bumping up.

Correct Answer:

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