Which One of the Following Statements Is Correct Concerning Large-Denomination

Which one of the following statements is correct concerning large-denomination certificates of deposit?

A) The security can be sold to another investor.
B) The face amount is equal to $10,000 or more.
C) The security is a bank time deposit.
D) The security is a form of a commercial check.
E) The security is issued by the U.S. Treasury.

Correct Answer:

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