Which of the following statements about public offerings is NOT true?
A) A public offering is the most common type (vs private) for equity securities.
B) Public offerings are usually more expensive than a private placement.
C) The issuing process typically completes within one month.
D) All of the above are true.
C
Business
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What is the total return to an investor who buys a bond for $1,155 when the bond has a 11.50% coupon rate and 3 years remaining until maturity, then sells the bond after 1 year for $1,135?
a. 9.05% b. 11.50% c. 8.23% d. 8.32%
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Ron owes Matt an unsecured debt of $3,000. Ron has a discharge of all his unsecured debts by a bankruptcy court. Can the contract between Matt and Ron be reinstated?
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