Private placement is the: a. Sale of securities indirectly to a select group of investors. b. Sale of newly issued shares of stock to the public. Oc Offering of new securities to current shareholders on a pro-rata basis. Od. Sale of securities directly to large organizations.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA2: Investments
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Private placement is the:
a. Sale of securities indirectly to a select group of investors.
O b. Sale of newly issued shares of stock to the public.
Oc. Offering of new securities to current shareholders on a pro-rata basis.
O d. Sale of securities directly to large organizations.
Transcribed Image Text:Private placement is the: a. Sale of securities indirectly to a select group of investors. O b. Sale of newly issued shares of stock to the public. Oc. Offering of new securities to current shareholders on a pro-rata basis. O d. Sale of securities directly to large organizations.
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