The negotiable deposit certificate are traded in ____________?
Correct answer: A. secondary markets
- A. secondary markets
- B. primary markets
- C. direct markets
- D. indirect markets
Explanation
Negotiable certificates of deposit can be resold before maturity, so they are traded in secondary markets. Primary markets are where newly issued securities are sold for the first time.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
Practise Business Finance
975 free Business Finance MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Business Finance questions
The liquidity status of certificate of deposit which is more negotiable is considered as __________?
The maximum maturity days of holding commercial paper are ___________?
The demand for heavy loans can cause ____________?
The Federal Reserve increases the money supply by ___________?
The obligations that are issued by US governments and are obligated for short term, are classified as ____________?
The repurchase agreements usually called repos, can be traded _____________?