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    Exam 5: Liquidity Management: Managing Current Assets and Current Liabilities
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    Federal Regulations Prohibit Banks from Charging a Prepayment Penalty for Redeeming
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Federal Regulations Prohibit Banks from Charging a Prepayment Penalty for Redeeming

Question 54

Question 54

True/False

Federal regulations prohibit banks from charging a prepayment penalty for redeeming a CD before its maturity date.

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