Question: Companies making smaller security issues may prefer to issue them through: a. A private placement because it is cheaper than a public issue. b. A

Companies making smaller security issues may prefer to issue them through:

a. A private placement because it is cheaper than a public issue.

b. A public issue because it is cheaper than a private placement.

c. A private placement because lower rates of return can be offered.

d. A public issue because more exposure will be achieved.

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