Which of the Below Statements Is FALSE

Multiple Choice

Which of the below statements is FALSE?

A) Before introduction of the negotiable CD, those with money to invest for, say, one month had no incentive to deposit it with a bank, for they would get a below-market rate unless they were prepared to tie up their capital for a much longer period of time.
B) There are now two types of negotiable CDs. One type is the large-denomination CD, usually issued in denominations of $1 million or more.
C) The largest group of CD investors is investment companies, and money market funds make up the bulk of them.
D) CDs cannot be issued by domestic banks.