In the context of financial securities,certificates of depositare considered to be among the safest investment options because:
A. they are insured by theFederal Deposit Insurance Corporation.
B. they offer higher returns than most other types of investments.
C. the rate of interest paid on them is often higher than the interest rate on corporate bonds.
D. they can be cashed in before they mature without incurring any penalty.
Answer: A
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