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Which of the following statements is NOT true about prospectus? Multiple choice question. The prospectus has been approved by the SEC Prospectus is a statement

Which of the following statements is NOT true about prospectus?
Multiple choice question.
The prospectus has been approved by the SEC
Prospectus is a statement filed with the SEC in its final form.
A Red Herring is the final prospectus approved by the SEC.
Prospectus is a description of the firm and the security it is issuing.

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