In Terms of Public Offerings of Bonds, What Is a Prospectus

Multiple Choice

In terms of public offerings of bonds, what is a prospectus?

A) a formal contract that specifies the firm's obligations to the bondholders
B) a schedule of the fees charged by the underwriting company
C) a list of the duties of the trust company representing the bondholders' interests
D) a memorandum that must be produced to describe the details of a bond offering