Which of the following statement/s is/are true?

1. Underwriters help private companies access public stock through IPOs.

2. Shelf registrations and private placements are examples of seasoned security issues

3. Issue costs for debt are typically greater than issue costs for equity

4. Private equity financing is a common source of financing for startup firms

		1. 1 and 2 only
		2. 1 and 3 only
		3. 1, 2 and 4 only
		4. 1, 3, and 4 only