Which a firm musthave an investment-grade rating

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Problem 1: To be eligible to use Rule 415, a firm musthave an investment-grade rating.

Option 1: never have violated any of the provisions of the Securities Act of 1934.
Option 2: have a market value of common stock in excess of $250 million.
Option 3: not have defaulted on its debt anytime in the past 5 years.
Option 4: guarantee the new shares will be sold evenly over a period of 3 years.

Reference no: EM132772940

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