The following are advantages of shelf registration except:
I.securities can be issued in dribs and drabs without incurring excessive transaction costs;
II.securities can be issued on short notice;
III.security issues can be timed to take advantage of market conditions
A)I only
B)II only
C)III only
D)I,II,and III

Question

Quizplus · Accepted Answer

All the listed points are advantages of shelf registration, so there are no exceptions.

The Following Are Advantages of Shelf Registration Except