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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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