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.
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
Section: Chapter Questions
Problem 1MCQ
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