Wednesday, October 18, 2006

A series 65 Question

An (IAR) Investment Adviser Representative has reviewed various short term instruments and has decided on unsecured short term money market instruments issued by a blue chip corporation with a maturity of less than 270 days. This would result in an investment in:

A) Treasury Bills
B) Commercial Paper
C) ADRs
D) Certificates of Deposit

B) The question clearly describes commercial paper. While T Bills are money market instruments that are not issued by a corporation. Take some free seires 65 questions on our website at:www.securitiesce.com/web/pages/series65/index.php

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