Question
When a firm needs to raise money via a bond issue, one of the quickest ways is through a______. This activity involves the purpose of
When a firm needs to raise money via a bond issue, one of the quickest ways is through a______. This activity involves the purpose of a large block of securities by a large institutional investor such as a pension fund, an endowment fund, or an insurance company.
A) public placement
B) secondary offering
C) private placement
D) none of the above.
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Corporate Finance
Authors: Jonathan Berk and Peter DeMarzo
3rd edition
978-0132992473, 132992477, 978-0133097894
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