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.
Recently Asked Questions
- What are limitations of jawed chucks, and which workholders can be an alternative?
- The skewness and kurtosis parameters are generally thought to represent the following characteristics of the population cdf, respectively, the center and
- A cutting tool made of brazed uncoated carbide (C-7) was selected to turn a cylindrical piece of Free Machining Carbon Steel (Bhn=285) with an initial diameter