Which of the Following Statements About Negotiable Certificates of Deposits

question 54

Multiple Choice

Which of the following statements about negotiable certificates of deposits (NCDs) is true?

• A) NCDs usually have denominations of less than $100,000.
• B) NCDs usually have lower yields than regular CDs.
• C) NCDs have no secondary market
• D) Large banks are usually able to pay lower interest rates on NCDs than smaller regional banks.
• E) All of the above statements are true.

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Definitions:

Disadvantages

Refers to the negative aspects, drawbacks, or cons that are associated with a decision, situation, or policy.

Delayering

Reducing the number of levels in the organization's job structure.

Organization's Flexibility

The ability of an organization to adapt to changes, innovate, and adjust its operations or structure in response to external or internal stimuli.