Ask Question
BusinessBusiness
24 January, 00:11

Purchasing a new cd upon maturity of the current cd is commonly referred to as:

+5
Answers (1)
  1. 24 January, 00:36
    0
    Purchasing a new CD upon maturity of the current CD is commonly referred to as: rolling over. The term rollover in economics describe the reinvesting funds from a mature security into a new issue of the same or a similar security. In this case the money is reinvested in the buying the same product because the old one is mature,
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Purchasing a new cd upon maturity of the current cd is commonly referred to as: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Thomas Engel contributed equipment, inventory, and $45,000 cash to a partnership. The equipment had a book value of $25,000 and market value of $30,000.
Answers (2)
Why do some workers lose their job when the minimum wage is​ increased?
Answers (1)
At August 31, Coffman Company has this bank information: cash balance per bank $6,450; outstanding checks $2,762; deposits in transit $1,700; and a bank service charge $20. Determine the adjusted cash balance per bank at August 31, 2018.
Answers (1)
Timing of entry into the Indian market brought different results for PepsiCo and Coca-Cola India. What benefits or disadvantages accrued as a result of earlier or later market entry?
Answers (1)
Which is a commodity someone might invest in? O a mutual fund O natural resources government bonds a certificate of deposit
Answers (1)
New Questions in Business
Consider once again the project with the cash flows described below. Determine whether this is a simple or non - simple investment AND how many possible values of i * exist using the Accumulated Cash Flow Sign Test.
Answers (1)
Which of the following goods best fit the characteristics of a private good? a. national defense b. fire protection c. an ice-cream cone d. a professor giving a lecture in a large classroom e. disease prevention
Answers (1)
Zwick Company bought 26,500 shares of the voting common stock of Handy Corporation in January 2018. In December, Handy announced $ 205,200 net income for 2018 and declared and paid a cash dividend of $ 6 per share on all 203,000 shares of its
Answers (1)
Movie studios use market research to reduce their risk of losses by hiring firms such as the National Research Group to conduct test screenings and tracking studies.
Answers (1)
The Silver Center (TSC) produces cups and platters. TSC purchases silver and other metals that are processed into silver alloy that is used to make platters and cups.
Answers (1)
Home » Business » Purchasing a new cd upon maturity of the current cd is commonly referred to as:
Sign Up Forgot Password?