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Which of the Following Is Not an Advantage of a CD

Question 55

Multiple Choice

Which of the following is not an advantage of a CD as a cash management alternative?


A) CDs have fixed interest rates,which are beneficial if interest rates drop.
B) CDs offer a wide selection of maturities.
C) CDs are insured.
D) CDs offer liquidity.
E) CDs are convenient to purchase.

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