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
Answer: Option C
Solution (By Examveda Team)
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.This Question Belongs to Management >> International Finance And Treasury
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