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Which of the following is not a feature of Certificate of Deposit (CD)?

Which of the following is not a feature of Certificate of Deposit (CD)?

Which of the following is not a feature of Certificate of Deposit (CD)?


[A]It is issued at a discount to face value
[B]It is issued in bearer form only
[C]It is a document of title to a time deposit
[D]It has virtually no default risk

Roshan kumar 03-Jan-2018

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