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QUESTION 11 Which of the following is a time deposit that cannot be withdrawn prior...

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QUESTION 11 Which of the following is a time deposit that cannot be withdrawn prior to maturity? Federal funds Commercial paper Repurchase agreement Certificate of deposit QUESTION 12 Which of the following bonds pays interest only if the firm has earned sufficient income? Debentures Subordinated debentures Income bonds Junk bonds QUESTION 13 Investment grade bond is A high yield bond A bond with a rating below BBB A bond with zero or very low default risk A bond that can be converted into the firm's stock

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