It is bank-issued time deposit that specifies an interest rate and maturity date and is negotiable Options: A . &nbspBanker's acceptance B . &nbspTime draft C . &nbspCommercial letter D . &nbspNegotiable certificate of deposit

It is bank-issued time deposit that specifies an interest rate and maturity dat

Question

It is bank-issued time deposit that specifies an interest rate and maturity date and is negotiable

Options:

A . Banker's acceptance

B . Time draft

C . Commercial letter

D . Negotiable certificate of deposit

Answer: Option D

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