Which of the following statements about negotiable certificates of deposits (NCDs) is true?
A) NCDs usually have denominations of less than $100,000.
B) NCDs usually have lower yields than regular CDs.
C) NCDs have no secondary market
D) Large banks are usually able to pay lower interest rates on NCDs than smaller regional banks.
E) All of the above statements are true.

Question

Quizplus · Accepted Answer

Large banks often have more resources and a larger customer base, allowing them to offer lower interest rates on NCDs compared to smaller regional banks.

Which of the Following Statements About Negotiable Certificates of Deposits