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oksano4ka [1.4K]
3 years ago
12

A negotiable certificate of deposit A. is a bearer instrument, meaning whoever holds the certificate at maturity receives the pr

incipal and interest. B. can be bought and sold until maturity. C. is a term security because it has a specified maturity date. D. all of the above.
Business
1 answer:
lianna [129]3 years ago
8 0

Answer: Option D                                                  

Explanation:  A Negotiable Deposit Certificate  refers to a $100,000 initial face value deposit contract. These are lent by a bank and therefore can typically be offered on a highly liquid resale market,although before completion of maturity period they can not be cashed in.

An NCD is brief-term, varying from two weeks and a year. Cost will be charged at completion or the unit will be bought at a discount over its face value. Rates of interest are trad-able, and an NCD's yielding depends on the circumstances of the stock market.

Thus, from the above we can conclude that the correct option is D.

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Complement goods -

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Paul Springer plans to save for a down payment for a house in 10 years. He will be able to invest $12,000 today in a money marke
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The correct answer is $20,772.92.

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