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Basic Question 0 of 3
A bond issuer can offer multiple bond issuances under the same master prospectus, and only has to prepare a short document when additional bonds are issued. This mechanism is known as ______.
B. shelf registration
C. simple registration
A. private placement
B. shelf registration
C. simple registration
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
describe the implications of combining a risk-free asset with a portfolio of risky assets
explain the capital allocation line (CAL) and the capital market line (CML)
CFA® 2025 Level I Curriculum, Volume 2, Module 2.