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American Bankers Association Exam CTFA Topic 10 Question 51 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 51
Topic #: 10
[All CTFA Questions]

A best efforts offering is sometimes used in connection with a of new, long-term securities.

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Suggested Answer: D

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Romana
1 days ago
A private placement seems like the most fitting answer here. Best efforts offerings are usually associated with private placements, not public issues.
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Dorinda
4 days ago
I'm not sure, but I think it could also be D) All of the above because best efforts offering can be used in different types of securities offerings.
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Hershel
5 days ago
I agree with Alba, I also think it's A) Private placement.
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Alba
12 days ago
I think the answer is A) Private placement.
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