Which CD Starts with a Higher Rate,has a Long Time

question 77

Multiple Choice

Which CD starts with a higher rate,has a long time to maturity,and can be retired by the bank after a set time period?

• A)bump-up
• B)indexed
• C)callable
• D)global
• E)promotional

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Definitions:

Natality

The rate at which births occur in a population, measured as the number of births per unit of time, typically per year.

Mortality

The rate at which individuals die; the average per capita death rate.

Emigration

The movement of individuals out of a population. Compare with immigration.

Offspring

A new life form created through the reproductive process, originating from one or more progenitors.