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What is the main advantage of using Certificates of Deposit (CDs) as an investment?a)They are suitable for long-term investment goals.b)They allow trading in the derivatives market.c)They offer a safe and interest-bearing option for depositors.d)They provide collateral for mortgages.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the main advantage of using Certificates of Deposit (CDs) as an investment?a)They are suitable for long-term investment goals.b)They allow trading in the derivatives market.c)They offer a safe and interest-bearing option for depositors.d)They provide collateral for mortgages.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main advantage of using Certificates of Deposit (CDs) as an investment?a)They are suitable for long-term investment goals.b)They allow trading in the derivatives market.c)They offer a safe and interest-bearing option for depositors.d)They provide collateral for mortgages.Correct answer is option 'C'. Can you explain this answer?.

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