FINRA Uniform Securities State Law Examination Series-63 Question # 51 Topic 6 Discussion

FINRA Uniform Securities State Law Examination Series-63 Question # 51 Topic 6 Discussion

Series-63 Exam Topic 6 Question 51 Discussion:
Question #: 51
Topic #: 6

Stable Corporation registered a bond issue that it plans to offer for sale in the state with the Administrator.

The bond has a par value of $1,000 and will pay interest of 7% a year, with the principal to be repaid in 5 years. The registration became effective on September 8th. The registration is effective


A.

until the maturity date on the bond.


B.

for one full year.


C.

until December 31st of the same year


D.

for two full years.


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