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Which one of the following statements is FALSE regarding euro medium-term notes? They are commonly issued by large multinational firms They are popular due to

Which one of the following statements is FALSE regarding euro medium-term notes?

They are commonly issued by large multinational firms

They are popular due to the issuing speed, cost-efficiency, and flexibility

They are issued in large denominations to fund large projects

They are shelf registered under the SEC Rule 415

They are unsecured debt issued for periods of nine months to 10 years

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