In the context of financial securities,certificates of deposit with longer maturities typically earn a lower interest rate than certificates of deposit that have shorter terms.
Answer the following statement true (T) or false (F)
False
The rate of interest paid on certificates of deposit is often higher than the rate on a regular savings account but usually lower than the interest rate on corporate bonds and most government securities. Certificates of deposit with longer maturities typically earn a higher interest rate than certificates of deposit that have shorter terms. See A-4: Your Investments: Building for the Future
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