For many businesses,the sale of securities to the public is not feasible,so these firms may choose a private placement in order to receive the highest possible price for the securities after transaction costs.Explain the advantage and disadvantage of private placements.

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The Answer of For many businesses,the sale of securities to the public is not feasible,so these firms may choose a private placement in order to receive the highest possible price for the securities after transaction costs.Explain the advantage and disadvantage of private placements.

For Many Businesses,the Sale of Securities to the Public Is