A Certificate of Deposit That Has Different Interest Levels Based

question 96

Multiple Choice

A certificate of deposit that has different interest levels based on the stock market performance is called a

• A) Bump-up CD.
• B) Callable CD.
• C) Portfolio CD.
• D) Promotional CD.
• E) Stock-indexed CD.

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Definitions:

Unsought Product

Products that consumers do not actively seek out to purchase, often requiring significant marketing efforts to sell, such as insurance policies.

Snow Shovel

A tool designed specifically for removing snow from surfaces, typically featuring a broad and flat blade.

Unsought Product

Goods that consumers do not normally think of buying or do not know about, which require significant marketing efforts.

Roget's Thesaurus

Roget's Thesaurus is a widely used English language thesaurus, organized by ideas and concepts rather than strict alphabetical order, to help find words related by meaning.