The advantages of being publically traded include all of the following except:

	A.	shareholders of a heretofore private corporation may also sell part of their holdings if the corporation decides to go public
	B.	going public allows the firm to play the merger game, using marketable securities for the purchase of other firms
	C.	corporate information on profit margins and product lines must be divulged
	D.	the corporation may tap the security markets for a greater amount of funds by selling securities directly to the public through a public placement