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MFK Corpwants to Raise Capital and Is Considering an Offer of of Bonds

Question 25

True/False

MFK Corp.wants to raise capital and is considering an offer of bonds and debentures.They are not sure of a particular disclosure requirement so they pose their question to the SEC and they request an interpretation letter.If the SEC issues an interpretive letter addressing MFK's question and MFK follows the statements contained in the letter,MFK will not be able to be penalized by the SEC should the advice incorrect.

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