A jumbo CD:
A) is issued by the federal government.
B) generally matures between 2 and 5 years.
C) is a loan of $100,000 or more to a municipality.
D) is a loan of $1 million or more on a short-term basis.
E) is a short-term loan of $100,000 or more to a commercial bank.
Correct Answer:
Verified
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