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Basic Question 1 of 7
A bond issuer can offer multiple bond issuances under the same master prospectus, and only has to prepare a short document when additional bonds are issued. This mechanism is known as ______.
B. shelf registration
C. simple registration
A. private placement
B. shelf registration
C. simple registration
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
compare primary and secondary fixed-income markets to equity markets
CFA® 2024 Level I Curriculum, Volume 4, Module 3.