As a potential jumbo CD depositor, under what circumstances would you prefer a variable rate CD over

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As a potential jumbo CD depositor, under what circumstances would you prefer a variable rate CD over a fixed rate CD? Under what circumstances would you prefer a zero coupon CD over a variable rate CD?
Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...
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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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