Which of the Below Statements Is FALSE

question 6

Multiple Choice

Which of the below statements is FALSE?

• A) Prime CDs (those issued by high-rated domestic banks) trade at a lower yield than nonprime CDs (those issued by lower-rated domestic banks).
• B) The yields posted on CDs vary depending on three factors: (1) the credit rating of the issuing bank, (2) the maturity of the CD, and (3) the supply and demand for CDs.
• C) The rate or yield offered on Eurodollar CDs is the prime rate.
• D) Eurodollar CDs are dollar obligations that are payable by an entity operating under a foreign jurisdiction, exposing the holders to a risk (referred to as sovereign risk) that their claim may not be enforced by the foreign jurisdiction.

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Definitions:

TSH

Thyroid Stimulating Hormone, a pituitary hormone that regulates the production of hormones by the thyroid gland.

Thyroid Hormones

Chemical substances produced by the thyroid gland, important for regulating metabolism, energy generation, and growth.

Thyroid Gland

An endocrine gland located in the neck that produces hormones regulating metabolism and energy level.

Poisonous Condition

A state of health impairment caused by the ingestion, inhalation, or absorption of toxic substances.