What kind of Interest does a negotiable certificates of deposit issued by large commercial banks carry? a. Variable Interest Rate b. Fixed Interest Rate c. No Interest Rate d. Changing Interest rate
What kind of Interest does a negotiable certificates of deposit issued by large commercial banks carry? a. Variable Interest Rate b. Fixed Interest Rate c. No Interest Rate d. Changing Interest rate
Chapter19: Lease And Intermediate-term Financing
Section: Chapter Questions
Problem 15QTD
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Question
What kind of Interest does a negotiable certificates of deposit issued by large commercial banks carry?
a.
Variable Interest Rate
b.
Fixed Interest Rate
c.
No Interest Rate
d.
Changing Interest rate
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