Series 7 Exam Question 7: Answer and Explanation

Question: 7

A final prospectus includes

I. the offering price

II. the underwriter's spread

III. the delivery date

• A. I and II
• B. II and III
• C. I and III
• D. I, II, and III

Correct Answer: D

Explanation:

D. The final prospectus is prepared during the end of the cooling off period. Among other things, it includes the offering price, delivery date, and the underwriter's spread.