QUESTION 21 An investor buys a municipal bond in the secondary market for 105. The...
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QUESTION 21 An investor buys a municipal bond in the secondary market for 105. The band has ten years until maturity. Six years later, the investor sells the bond for 102. What is the investor's gain or loss? O No gain or loss $20 capital loss 530 capital loss $20 capital gain QUESTION 22 The Securities Act of 1933 is the act that requires full and fair disclosure of material information regarding new issues regulates margin and the short sale of securities covers the registration of new issues on the state level created the Securities and Exchange Commission
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