Which of the following statements is most correct?
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. None of the answers above is correct.

The correct answer is letter "E": None of the answers above is correct.

Explanation:

Private Placement refers exclusively to offering and selling shares in a company to a small group of buyers. The buyers are typically sophisticated investors such as banks, pension funds, mutual funds, insurance companies, and very wealthy investors. In the U.S., private placements are directly subject to the Security and Exchange Commission (SEC) regulations under the Securities and Exchange Act of 1933.

answer; the inspector may have found some violation that could cause death or some kind of serious injury;

the answer is: guns or butter

hope i

-lavira : )