Karen wanted a certificate of deposit that would definitely be available the entire length of time until maturity. She would NOT want to consider a

Question

Quizplus · Accepted Answer

A callable CD gives the issuer the option to redeem the CD before its maturity, which means that it may not be available for the entire length of time until maturity. For Karen's needs, it is best to choose a CD without a callable option.

Karen Wanted a Certificate of Deposit That Would Definitely Be