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Question

In a bond offering, financial advisors MOST often buy bonds of the company ________.
A) at higher than face value
B) at face value
C) at lower than face value
D) at twice face value
E) at par value

Answer

15 Seconds
 C) In addition to a managing fee, financial advisors make their money by initially
purchasing all the bonds at a discounted price and then quickly selling them to
investors at a higher price.
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