FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 11 Topic 2 Discussion
Series-7 Exam Topic 2 Question 11 Discussion:
Question #: 11
Topic #: 2
Bubba is concerned about the liquidity of a possible municipal bond purchase. He is therefore probably most interested in the rating supplied by which of the following?
White’s. White’s ratings are based on trading market data as opposed to the financial data of the issue, which is used by Moody’s as well as S&P.
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