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1. Go to the FDIC web site and read about market-linked (aka index-linked) CDs.How do these CDs differ from conventional bank-issued CDs? Identify and explain what you feel  are the three most important pitfalls confronting investors in market-linked CDs.

2. Explain and illustrate with a diagram the concept of a financial holding company  (FHC). What are the advantages and disadvantages of the FHC structure?

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