Which of the following is not a characteristic of certificate of deposit (CDs)?
A)
You pay a penalty for early redemption.
B)
You "lock in" (are guaranteed) the stated interest if you hold the CD until maturity.
C)
They are preferred over money market deposits if you expect interest rates to fall.
D)
They have a minimum maturity of three years.
D
Business
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All of the following are policy dividend options, except:
A. Fund the distribution of periodic income payments. B. Purchase one year term insurance. C. Apply it towards paying the current premium. D. Purchase paid-up additions to their policy.
Business
Which of the following companies is centralized in its market management strategies?
A) ethnocentric B) polycentric C) regiocentric D) geocentric
Business