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The advantages of going public are 1. Liquidity and increased share price, 2. To access a larger number of potential investors 3. Enhanced image/prestige, 4.

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The advantages of going public are 1. Liquidity and increased share price, 2. To access a larger number of potential investors 3. Enhanced image/prestige, 4. Access to alternative sources of capital, 5. Ancillary benefits. (a) 1,2 and 3 (b) 1 and 2 only (c) 1, 3 and 5 (d) All except 5 (e) All of the above An agreement to exchange fixed interest rate payments on a loan for floating interest rate payments is (a) A floating rate bond (b) A flip flop option (c) A currency swap (d) A basis rate swap (e) An interest rate swap

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