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    Understanding Business Study Set 2
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    When Investors Successfully Take a Firm Private,the Firm's Stock Is
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When Investors Successfully Take a Firm Private,the Firm's Stock Is

Question 62

Question 62

Multiple Choice

When investors successfully take a firm private,the firm's stock is:


A) Converted into bonds.
B) Converted into cash.
C) No longer sold to investors on the open market.
D) Pledged as collateral to its bondholders.

Correct Answer:

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