According to SEC Rule 144A

question 5

Multiple Choice

According to SEC Rule 144A:

• A)bonds issued through private placements can be bought and sold by institutional investors.
• B)SEC registration is not needed for privately placed bonds.
• C)SEC registration is required of all securities issued in the U.S.
• D)(A)and (B)only.

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Definitions:

Conditional Probability

The probability of an event occurring, given that another event has already occurred.

Mutually Exclusive Events

Two or more events that cannot occur at the same time in any given experiment or scenario, implying no overlap in their outcomes.

Intersection of Events

The set of outcomes that are common to two or more events in probability, representing occurrences that satisfy all event conditions simultaneously.

Independent Events

Two or more events where the occurrence of one does not affect the probability of occurrence of the others.