Hoffman Neffer is a large brokerage firm that offers investment banking services. The firm has participated in the IPO and secondary offerings of Ryper Industries. Liz Clayton works in Hoffman's research department and is preparing a report on Ryper. Her spouse owns shares in Ryper in a retirement account. In the research report, Clayton must disclose:

	Hoffman's Investment Banking Deals	Her Beneficial Stock Ownership
A.	Yes	Yes
B.	Yes	No
C.	No	Yes

Group of answer choices

Row A

Row B

Row C