Private financing is advantageous because:
A)there are more restrictive covenants.
B)it is filed with the provincial securities commissions.
C)the firm is required to provide a detailed prospectus.
D)none of the above

Question

Quizplus · Accepted Answer

None of the options listed are advantages of private financing. In fact, private financing typically has less restrictive covenants and does not require a detailed prospectus like public financing. Private financing is not typically filed with provincial securities commissions either.

Private Financing Is Advantageous Because