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The initial level over a action-charge CD isn't the yield to maturity. In the event your CD features a call provision, which several step-fee CDs do, the decision to get in touch with the CD is within the issuer's sole discretion. Also, In the event the issuer phone calls the CD, you may obtain a significantly less favorable desire charge on reinvestment of the funds. Fidelity helps make no judgment as to the creditworthiness from the issuing institution.
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