spring 2020 0 Saved Which one of the following statements is correct concerning the issuance of long-term debt? Multiple Choice Wealthy inviduals tend to dominate the private debt market. It is easier to renegotiate public debt than private debt. A direct private long-term loan has to be registered with the SEC. Distribution costs are lower for public debt than for private debt. Direct placement debt tends to have more restrictive covenants than publicly issued debt. spring 2020 0 Saved Which one of the following statements is correct concerning the issuance of long-term debt? Multiple Choice Wealthy inviduals tend to dominate the private debt market. It is easier to renegotiate public debt than private debt. A direct private long-term loan has to be registered with the SEC. Distribution costs are lower for public debt than for private debt. Direct placement debt tends to have more restrictive covenants than publicly issued debt