Multiple Choice
Which of the following is an advantage of a public bond issue over private placement?
A) It can be tailored to the particular situation.
B) It is less costly to issue.
C) It does not need to be registered with the securities commission.
D) It is freely tradable on the bond market.
E) It is sold to a small group of investors.
Correct Answer:
Verified
Correct Answer:
Verified
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