SIE Exam Question 726: Answer and Explanation

Question: 726

Which of the following are short-term, fixed-income securities that may be bought or sold in the open market at a market-determined price?

• A. ADRs
• B. Call options
• C. Eurodollars
• D. Negotiable CDs

Correct Answer: D

Explanation:

Negotiable CDs are short-term, fixed-income securities that may be bought or sold in the open market at a market-determined price.