Large-Denomination CDs Are ________,So That Like a Bond They Can

question 56

Multiple Choice

Large-denomination CDs are ________,so that like a bond they can be resold in a ________ market before they mature.

• A)nonnegotiable;secondary
• B)nonnegotiable;primary
• C)negotiable;secondary
• D)negotiable;primary

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Definitions:

Manufacturing Business

A type of business that produces goods in large quantities using raw materials and machinery.

Book Publisher

A company or individual that manages the production, marketing, distribution, and rights of books and other literary works.

Partnership

A partnership is a legal form of business operation between two or more individuals who share management and profits.

Owned By

Indicates possession or ownership of an asset, property, or company by an individual, group, or entity.