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    Financial Markets and Institutions
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    Exam 3: Depository Institutions: Activities and Characteristics
  5. Question
    Time Deposits, Also Called Certificates of Deposit, Have a Fixed
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Time Deposits, Also Called Certificates of Deposit, Have a Fixed

Question 9

Question 9

True/False

Time deposits, also called certificates of deposit, have a fixed maturity date and pay either a fixed or floating interest rate.

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