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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]
Topic #: 2
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.
Suggested Answer:
B
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