Which Is a CD That Offers a Higher Rate at Set

question 2

Multiple Choice

Which is a CD that offers a higher rate at set intervals,such as every six months you are invested?

• A)Bump-up
• B)Indexed
• C)Callable
• D)Global
• E)Promotional

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Definitions:

Shares

Units of ownership interest in a company or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Dividends

Dividends are payments made by a corporation to its shareholder members, reflecting a portion of the corporate profits allocated for distribution.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, are subtracted from total revenue.

Revenue

The income received by a company from its business activities, usually from the sale of goods and services to customers.