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Which of the following statements is TRUE of FINRA's 5 % Markup Policy? A It's a rule that prohibits compensation from exceeding 5 % .

Which of the following statements is TRUE of FINRA's

5 %

Markup Policy?

A It's a rule that prohibits compensation from exceeding

5 % .

B High

-

priced securities typically have higher percentage markups.

Low

-

priced securities typically have lower percentage markups.

5 %

markup may be considered excessive.

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