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    Financial Institutions Management
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    Exam 18: Liability and Liquidity Management
  5. Question
    Because of Penalties Imposed for Early Withdrawal, a GIC Depositor
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Because of Penalties Imposed for Early Withdrawal, a GIC Depositor

Question 33

Question 33

True/False

Because of penalties imposed for early withdrawal, a GIC depositor is unlikely to withdrawal the GIC funds from the bank before maturity.

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