The primary difference in certificates of deposit (CDs) that are equal to or less than $100,000 and those over $100,000 (other than the amount) is:
A) a bank does not have to include CDs equal to or less than $100,000 in its liabilities.
B) CDs greater than $100,000 are negotiable and therefore can be bought and sold.
C) CDs equal to or less than $100,000 are issued for only six months or less.
D) CDs greater than $100,000 are issued for only six months or less.
Correct Answer:
Verified
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