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Exam CTFA topic 1 question 645 discussion

Actual exam question from ABA's CTFA
Question #: 645
Topic #: 1
[All CTFA Questions]

The S&P 500 Composite Stock Index is favored by most institutional investors and money managers. What does S&P stands for?

  • A. Sophisticated and Poised
  • B. Standard and Poor
  • C. Stylish and Permanent
  • D. Sojourn and Perennial
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Suggested Answer: B 🗳️

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