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Which of the following statements regarding private placements is FALSE? A.A private placement is a bond issue that does not trade on a public market
Which of the following statements regarding private placements is FALSE?
| A.A private placement is a bond issue that does not trade on a public market but rather is sold to a small group of investors. | |
| B.Privately placed debt need not conform to the same standards as public debt; as a consequence, it can be tailored to the particular situation. | |
| C.In 1990, the U.S. Securities and Exchange Commission (SEC. issued Rule 144A, which significantly decreased the liquidity of certain privately placed debt. | |
| D.Because a private placement does not need to be registered, it is less costly to issue. |
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Short Term Rental Long Term Wealth
Authors: Avery Carl
1st Edition
1947200445, 978-1947200449
