a. What is the difference between private and public bond issues? b. A private placement is likely
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a. What is the difference between private and public bond issues?
b. A private placement is likely to have a higher interest rate than a public issue. Why?
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a A private bond issue is a debt instrument that is offered to a select group of investors such ...View the full answer
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Related Book For
Essentials Of Corporate Finance
ISBN: 9781265414962
11th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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