Which of the following statements concerning private placements is MOST correct?

	A.	More than half of all private placements are sold to federal, state, or local governments or government agencies.
	B.	Private placements are limited to stocks, not bonds.
	C.	Although not selling the securities to the public, investment bankers may provide advice on the evaluation of prospective buyers and the terms of sale for private placements.
	D.	Private placements do not involve investment bankers.