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A Red Herring Contains

Question 20

Multiple Choice

A red herring contains:


A) exactly the same information as the final prospectus except for the SEC approval.
B) the same information as the final prospectus.
C) only a brief synopsis of the final prospectus.
D) only a description of how the funds raised will be used.
E) information very similar to the final prospectus but excludes the selling price.

Correct Answer:

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