A sale of an entire security issue to a small group of surplus spending units is:
A)a dealer arrangement.
B)a private placement.
C)an underwriting.
D)indirect finance.

Name: A sale of an entire security issue to a small group of surplus spending units is: A)a dealer arrangement. B)a private placement. C)an underwriting. D)indirect finance.
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Question

Quizplus · Accepted Answer

A private placement involves selling securities directly to a small group of investors rather than through a public offering.

A Sale of an Entire Security Issue to a Small