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Which One of the Following Statements Is NOT True

Question 64

Multiple Choice

Which one of the following statements is NOT true?


A) Private placement occurs when a company sells unregistered securities directly to investors such as insurance companies, commercial banks, or wealthy individuals.
B) All corporate debt is sold through the private placement market.
C) About half of all corporate debt is sold through the private placement market.
D) Investment banks and money centre banks often assist companies with private placements.

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