SIE Knowledge of Capital Markets Practice Question 12
Question: 12
Which of the following is typically issued by a governmental entity other than a state?
Correct Answer: B
Explanation:
B: An official statement is typically issued by a state or municipality issuing a municipal security. Choice A, a prospectus, is typically offered by a private rather than public or governmental entity. Choice C is typically offered by a state regarding a 529 college saving plan. Choice D is typically offered by a partnership.
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