All of the following regarding the official statement for a new municipal issue are true EXCEPT that it:

All of the following regarding the official statement for a new municipal issue are true EXCEPT that it:




A) must include information about the offering's call provisions.

B) can be used to review the issuer's creditworthiness.

C) meets disclosure requirements for purchasers of the new issue.

D) is also called a prospectus.



Answer: D) is also called a prospectus.


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