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An Accountant Explains How to Construct a "CD Ladder," a Technique

Question 21

Multiple Choice

An accountant explains how to construct a "CD ladder," a technique that enables investors to benefit from the high interest rates of long-term certificates of deposit without losing access to their money for overly long periods of time. This is an example of which type of informative presentation?


A) exploratory
B) explanatory
C) descriptive
D) demonstrative

Correct Answer:

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