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depositors.
community in which it operates.
Question 14.14. (TCO 2) _____ are the major products offered by
investment companies.
Interest-bearing checking accounts
Variable-rate loans
Credit card accounts
Savings bonds
Mutual funds
Question 15.15. (TCO 2) One of the characteristics of a certificate of
deposit is that it can have
high interest-rate risk.
low safety for savers.
limited liquidity.
a variable rate of return.
no minimum deposit amount.
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BUSN 380 Week 3 Problem Set 3

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Problem Set 3