In a ____, a firm places its entire issue of new securities without the underwriting services of an securities firm.
A)market placement
B)public placement
C)shelf-registration agreement
D)private placement

Question

Quizplus · Accepted Answer

Private placement is the process of placing securities with a limited number of institutional investors or accredited individuals without the services of an underwriting firm. It is different from a public placement or market placement, where the securities are offered to a wider range of investors through an underwriting firm. A shelf-registration agreement refers to a registration statement filed by a company with the Securities and Exchange Commission (SEC) for the issuance of securities in the future but does not involve the immediate sale of securities to investors.

In a ____, a Firm Places Its Entire Issue of New