Item$5$

$0\mathrm{.}1$points

Time Remaining $28$ minutes $27$ seconds

$00$:$28$:$27$

Item $5$

Time Remaining $28$ minutes $27$ seconds

$00$:$28$:$27$

A negotiable CD is a:

Multiple Choice

loan to an individual or business to purchase a home, land, or other real property.

short$-$term unsecured promissory note issued by a company to raise funds for a short time period.

short$-$term fund transferred between financial institutions usually for no more than one day.

marketable bank$-$issued time deposit that specifies the interest rate earned and a fixed maturity date.

time draft payable to a seller of goods, with payment guaranteed by a bank.