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    • Question

      Which of the following statements is correct? A.

      Certificate of Deposits are negotiable and therefore also attracts stamp duty B. Certificate of Deposits (CDs) are collateralised and bearer instrument
      A a) Only A Correct Answer Incorrect Answer
      B b) Only B Correct Answer Incorrect Answer
      C c) Both A and B are correct Correct Answer Incorrect Answer
      D d) Both A and B are incorrect Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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