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Business, 26.05.2021 03:20 brodycruce

A customer buys a Brokered CD for $100,000. Upon receipt of his next account statement, the customer sees that the market value of the CD is shown as $99,800. This would occur because: A interest rates have risen B interest rates have fallen C the broker's commission for selling the CD has been subtracted out D the bank that issued the CD has charged an up-front handling fee

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A customer buys a Brokered CD for $100,000. Upon receipt of his next account statement, the customer...
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