Private placements can be advantageous rather than public issue because ________.
I. private placements are cheaper to market than public issues
II. private placements may still be sold to the general public
III. privately placed securities trade on secondary markets

Question

Quizplus · Accepted Answer

Private placements are typically cheaper to market than public issues because they involve fewer regulatory requirements and less marketing effort. However, they are not sold to the general public and do not trade on secondary markets.

Private Placements Can Be Advantageous Rather Than Public Issue Because