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Question 6 of 4 0 . On October 1 8 , 2 0 2 2 , Suzanne executed several transactions involving the sale of securities
Question of
On October Suzanne executed several transactions involving the sale of securities All but one of the transactions
involved the sale of covered securities Which of these is the noncovered security?
A $ mortgagebacked security backed by the full faith and credit of the US government. The bond was issued on May
It is scheduled to mature in but the principal is subject to acceleration, meaning it could be repaid sooner.
A $ corporate bond issued on March The bond pays interest semiannually and is scheduled to mature in
shares of Tully Enterprises stock that she inherited from her father on March Her father initially purchased the stock
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