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Private placements can be advantageous, compared to public issue, because: 1. Private placements are cheaper to market than public issues. 2. Private placements may still
Private placements can be advantageous, compared to public issue, because: 1. Private placements are cheaper to market than public issues. 2. Private placements may still be sold to the general public under SEC Rule 144A 3. Privately placed securities trade on secondary markets. Multiple Choice 1 only 1 and 3 only 2 and 3 only 1. 2 and 3
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