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Question 1: A clothing company with a subscription business model is seeking to raise capital to expand its operation. They decide to issue a small
Question 1:
A clothing company with a subscription business model is seeking to raise capital to expand its operation. They decide to issue a small number of shares to some high-net-worth individuals that have supported the company in the past.
What type of market transaction is taking place?
- a.)Secondary market offering
- b.)Share buyback
- c.)Private placement
- d.)Auction
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