The round-lot trading unit for CDs bought and sold in the money market is $100,000.
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Q24: Nonmember banks actually account for a larger
Q25: Federal funds interest rates appear to change
Q26: The federal funds interest rate tends to
Q27: Due to the essentially risk less nature
Q28: Money market CDs must be negotiable instruments
Q30: According to your text, the negotiable CD
Q31: Negotiable CDs, by attracting funds out of
Q32: Most money market CDs have maturities of
Q33: CD yields as quoted in the American
Q34: There is no active secondary market for
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