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An Issuer Must Have ________ to Qualify as a Well-Known

Question 28

Multiple Choice

An issuer must have ________ to qualify as a well-known seasoned investor.


A) issued $1 billion of securities in the previous three years
B) issued $1 million of securities in the previous three years
C) at least $900 million of outstanding equity securities owned by nonaffiliate investors
D) at least $1 billion of outstanding equity securities owned by nonaffiliate investors

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