Which of the following statements about negotiable certificates of deposit (CDs) is true?
A) Negotiable CDs are considered a liquid bank account.
B) To open a negotiable CD, savers must have large amounts of savings, usually at least $100,000.
C) The interest rates paid on negotiable CDs are determined solely by the issuing bank.
D) Funds can be withdrawn from negotiable CDs at any time.
Correct Answer:
Verified
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