Multiple Choice
Which of the following is true of a certificate of deposit?
A) It is sold by large corporations to raise short-term funds.
B) A fall in its demand will lead to an increase in the price of the security and a fall in its yield to maturity.
C) Higher the term to maturity of a certificate of deposit, higher the yield to maturity.
D) It is not a liquid security and cannot be transferred from one party to another.
Correct Answer:
Verified
Correct Answer:
Verified
Q48: If the interest rate on three-month Treasury
Q49: A corporate bond with a financial rating
Q50: Consider a two-year bond that can be
Q51: Which of the following bonds is likely
Q52: Which of the following is true of
Q53: The relationship between interest rates with differing
Q55: The U.S.Treasury security that was issued most
Q56: Compare a two-year bond with two successive
Q57: A debt security sold by large corporations
Q58: What does a yield curve show?<br>A)The yield