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A Key Difference Between a Direct Placement and a Public

Question 50

Multiple Choice

A key difference between a direct placement and a public issue of debt is that:


A) there is no registration cost with the Stock Exchange.
B) issue costs are lower in the private placement market.
C) direct placements usually have more restrictive covenants.
D) it is harder to renegotiate a public issue.
E) All of the above.

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