Liquidity status of certificate of deposit which is more negotiable is considered as

A certified liquidity
B term liquidity
C more liquid
D less liquid

Correct Answer: more liquid

Liquidity status of certificate of deposit which is more negotiable is considered as more liquid. Liquid certificates of deposit are a type of certificate of deposit (CD) that allow investors to make withdrawals without incurring a penalty. The funds in the account are accessible throughout the lifetime of the product where most traditional CD's apply a hefty fee for withdrawing early, reducing the interest earned to that point.
Bissoy MCQ
#Management #International Finance And Treasury

Related Questions

Laboni bought a 1 year, Tk. 10,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of interest paid on his certificate at maturity?
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