Which of the following statements is most correct?;a. In a private placement, securities are sold to private (individual) investors rather than to institutions.;b. Private placements occur most frequently in stock issues, but bonds can also be sold by private placement.;c. Private placements are convenient for issuers, but the convenience is offset by higher flotation costs.;d. The SEC requires that all private placements be handled by an investment banker.;e. The above statements are all false.
Paper#23019 | Written in 18-Jul-2015Price : $32