FIN 351 CHAPTER 12 QUIZ 51

FIN 351 CHAPTER 12 QUIZ 51
 When one invests in a private placement bond offering, they can generally expect to receive a slightly higher yield than on public bond
offerings, because:
A. Of a very large secondary market for the private placement bonds
B. Of a very small secondary market for the private placement bonds
C. Of the large size of the borrowing firm in the private placement
D. There is less risk in a private placement than in a public one

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