Series 10 Exam Question 56: Answer and Explanation
Question: 56
A round lot for municipal bonds is:
- A. $10,000 of par value.
- B. $1,000 of par value.
- C. $50,000 of par value.
- D. $100,000 of par value.
Correct Answer: D
Explanation:
A round lot for municipal bonds is $100,000 par value.
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