

MCQOPTIONS
Saved Bookmarks
1. |
“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate? |
A. | A bond with a longer time to maturity |
B. | A certificate of deposit whose principal is payable at maturity |
C. | A certificate of deposit with a shorter time to maturity |
D. | certificate of deposit with a longer time to maturity |
Answer» C. A certificate of deposit with a shorter time to maturity | |