CDs may be exchanged for money before its maturity date either in money markets or at commercial banks.
A．Right
B．Wrong
C．Doesn't say
听力原文： A certificate of deposit (CD) is a time deposit with a bank. Time deposits may not be withdrawn on demand like a check account. CDs are generally issued by commercial banks but they can be bought through brokerages. They bear a specific maturity date that usually lasts from 3 months to 5 years, a specified interest rate, and can be issued in any denomination, very similar to bonds. CDs offer a slightly higher yield than T-Bills because of the slightly higher default risk for a bank, but overall the likeliness of a large bank going broke is pretty slim. Of course, the amount of interest you earn depends on a number of factors such as the current interest rate environment, how much money you invest, the length of time, and your specific bank.24. What is a CD?25.Which of the followings generally issue CDs?26.How long does a specific maturity usually last?27.Why do CDs pay higher return to investors than T-bills?(24)A．A term deposit that can be drawn at any time.B．A time deposit with a bank.C．A current deposit.D．A cheek account.
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You should deposit a certain amount of money with a bank before you buy a house.A．RightB．WrongC．Doesn't say
The money a bank uses for lending is borrowed from depositors.A．RightB．WrongC．Doesn't say
The recovery of funds of a commercial bank is ideally managed on a parallel with its expenditure.A．RightB．WrongC．Doesn't say
A commercial bank should try its best to increase the profits of its creditor and ownership sources.A．RightB．WrongC．Doesn't say
A sound bank will not suffer from the bankruptcy of other unrelated banks.A．RightB．WrongC．Doesn't say
A commercial bank shall establish and improve its system of internal control according to law.A．RightB．WrongC．Doesn't say
