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In the Context of Financial Securities, Certificates of Deposit

Question 79

Multiple Choice

In the context of financial securities, certificates of deposit:


A) with longer maturities typically earn a higher interest rate than certificates of deposit that have shorter terms.
B) can be cashed in before they mature without incurring any penalty.
C) offer higher returns than most other types of investments.
D) are not insured by the Federal Deposit Insurance Corporation, making them the least safe investment option.

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