O False e True Assume that a stock-issuing firm has choice between private placemert selling the shares for $23.00 per share or a best efforts offering that will sell all available shares at the prices described in the following probability distribution: Best efforts expected probability distribution Lowest quoted price Mid-range price Highest quoted price Probability 20% 50% 30% Selling price $22.50 $24.00 $25.00 Assuming that the issue is fully subscribed, or sold, which method would generate the most capital for the issuing firm? O Best efforts sale O Private placement Yer Continus without saving