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Interest rate of certificate of deposits is quoted using a time...

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International Finance and Treasury
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Interest rate of certificate of deposits is quoted using a time span of

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Correct Answer: Option D
Interest rate of certificate of deposits is quoted using a time span of 360 day a year. A certificate of deposit (CD) is a product offered by banks and credit unions that offers an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time.
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