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Which One of the Following Identifies a New Bond Issue

Question 19

Multiple Choice

Which one of the following identifies a new bond issue as being a private placement?


A) The proceeds of the issue are used for a single project.
B) The issue is marketed through a sole brokerage house.
C) The issue is sold only to individuals rather than to institutional investors.
D) The issue is not made available to the public.
E) The issue names a private individual as the bond trustee.

Correct Answer:

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