A broker advertises the sale of "Mega Bucks Trust Deeds" in a newspaper. In the advertisement he offers a specific yield which he arrives at by looking at his yield for the past year. Which of the following is true concerning this advertisement:
A: This is illegal according to the Truth-in-Advertising law;
B: It is legal if the California Bureau of Real Estate has confirmed the yield that is stated;
C: It is legal if he also gives the actual interest rate specified in the note and the discount from the outstanding principal balance;
D: There is no law covering this subject.
Answer: C: It is legal if he also gives the actual interest rate specified in the note and the discount from the outstanding principal balance;
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