Chartered Financial Analyst Level 1

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Which of the following statements regarding certificates of deposit (CDs) is most accurate?

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Last updated: December 6, 2025 at 09:57

A

Small-denomination CDs are typically traded among institutional investors.

B

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Non-negotiable CDs can be sold in the open market prior to the maturity date.

C

CDs are available in domestic bond markets as well as in the Eurobond market.

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