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American Bankers Association Exam CTFA Topic 2 Question 33 Discussion

Actual exam question for American Bankers Association's Certified Trust and Financial Advisor exam
Question #: 33
Topic #: 2
[All Certified Trust and Financial Advisor Questions]

A substantial investment is defined as any investment comprising more than 15 percent of an enterprise's voting shares or greater than 35 percent of its equity.

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Suggested Answer: B


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