In the Context of Financial Securities, Which of the Following

question 87

Multiple Choice

In the context of financial securities, which of the following statements is true of certificates of deposit?

• A) Certificates of deposit with longer maturities typically earn a lower interest rate than certificates of deposit that have shorter terms.
• B) They can be cashed in before they mature without incurring any penalty.
• C) They offer higher returns than most other types of investments.
• D) The rate of interest paid on certificates of deposit is often higher than the rate on a regular savings account.

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Definitions:

True Instruction

A programming command or condition that returns or evaluates to true, signifying a positive or affirmative condition.

Multiple Programs

The ability to run or operate several software applications or routines simultaneously on a computer or device.

Suppression Device

"A unit that attenuates the magnitude of electrical noise."

Load Device

An electrical component or system that consumes power from a source.