Large-denomination CDs are ________, so that like a bond they can be resold in a ________ market before they mature.

Large-denomination CDs are ________, so that like a bond they can be resold in a ________ market before they mature.

Large-denomination CDs are ________, so that like a bond they can be resold in a ________ market before they mature.




A) nonnegotiable; secondary
B) nonnegotiable; primary
C) negotiable; secondary
D) negotiable; primary



Answer: C