Which of the Following Represents a Valid Regulation a Tier

Which of the following represents a valid Regulation A Tier 1 offering?

A) Selling $3 million of securities in any 12-month period with a $250,000 individual investor limit
B) Selling $10 million in securities in any 12-month period; investors can't buy more than 10% of their annual income or net worth
C) Selling $4 million of securities in any 12-month period with no individual investor limit
D) Selling $20 million in securities in any 12-month period; investors can't buy more than 5% of their annual income or net worth

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