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Which of the following is NOT an advantage of raising new capital through a private placement? Select one: a. It does not require a prospectus.
Which of the following is NOT an advantage of raising new capital through a private placement?
Select one:
a.
It does not require a prospectus.
b.
It can be arranged more quickly.
c.
Institutional investors are better informed and may invest at a lower share price.
d.
Investors can be targeted who are supportive of the current management.
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