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What Is a Prospectus

Question 12

Multiple Choice

What is a prospectus?


A) a letter issued by the SEC authorizing a new issue of securities
B) a report stating that the SEC recommends a new security to investors
C) a letter issued by the SEC that outlines the changes required for a registration statement to be approved
D) a document that describes the details of a proposed security offering along with relevant information about the issuer
E) an advertisement in a financial newspaper that describes a security offering

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