AFP
CTP · Question #123
(Topic 2) What is one chief advantage of issuing short-term securities in book-entry form?
The correct answer is C. Transaction clearing can be performed with ease and speed. See the full explanation below for the reasoning.
Question
- (Topic 2)
What is one chief advantage of issuing short-term securities in book-entry form?
Options
- AThe securities cannot be transferred electronically.
- BThe physical exchange of certificates is required.
- CTransaction clearing can be performed with ease and speed.
- DSecurity registration is not required.
How the community answered
(41 responses)- A7% (3)
- B5% (2)
- C73% (30)
- D15% (6)
Community Discussion
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