Privately placed debt and equity are not sold on the basis of private negotiations to
A)retail investors.
B)insurance companies.
C)mutual funds managers.
D)large ﬁnancial institutions
E)retail investors and mutual funds managers

Question

Quizplus · Accepted Answer

Privately placed debt and equity are typically sold to sophisticated investors such as large financial institutions, insurance companies, and mutual fund managers. They are not sold to retail investors who may not have the knowledge or experience to assess the risks and rewards of such investments.

Privately Placed Debt and Equity Are Not Sold on the Basis