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A Medium-Term Note (MTN) ________

Question 14

Multiple Choice

A medium-term note (MTN) ________.


A) is a corporate debt instrument, with the unique characteristic that notes are offered continuously to investors by an agent of the issuer.
B) cannot be registered with the SEC under Rule 415 (the shelf registration rule) .
C) was not traditionally used to refer to debt issues with a maturity greater than one year but less than 15 years.
D) have not been sold with maturities from nine months to 30 years, and even longer.

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