In the Context of Financial Securities, Certificates of Deposit

question 79

Multiple Choice

In the context of financial securities, certificates of deposit:

• A) with longer maturities typically earn a higher interest rate than certificates of deposit that have shorter terms.
• B) can be cashed in before they mature without incurring any penalty.
• C) offer higher returns than most other types of investments.
• D) are not insured by the Federal Deposit Insurance Corporation, making them the least safe investment option.

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Definitions:

Spiral Organ

A structure in the cochlea of the inner ear responsible for converting sound vibrations into neural signals.

Sound Waves

Audible disturbances that propagate through the air or other materials and are perceivable when they arrive at the ear of a human or animal.

Sense Organs

Organs that receive stimuli (like the eyes, ears, nose, tongue, and skin) and send information to the brain via the nervous system to be interpreted.

Lens Flexibility

Lens flexibility refers to the capacity of the eye's lens to change shape to focus on objects at various distances, crucial for sharp vision.