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IIA Exam IIA-CFSA Topic 7 Question 55 Discussion

Actual exam question for IIA's IIA-CFSA exam
Question #: 55
Topic #: 7
[All IIA-CFSA Questions]

''A negotiated offering in which a new issue of municipal securities is sold on an agency basis by a placement agent directly to institutional or private investors rather than through an offering to the general investing public'' is referred as:

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Suggested Answer: B

by Major at Jul 02, 2024, 07:39 AM

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Quiana
2 hours ago
B) Private placement sounds like the correct answer here. Selling directly to institutional investors rather than the general public seems to fit the description.
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Irma
12 days ago
I'm not sure, but I think it's A) Public offering because it involves selling to investors.
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Kerry
13 days ago
I agree with Glenn, private placement makes sense for this type of offering.
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Glenn
17 days ago
I think the answer is B) Private placement.
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