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A) Private placement occurs when a firm sells unregistered securities directly to investors such as insurance companies, commercial banks, or wealthy individuals.
B) In private placements, there are no restrictions on the resale of the securities.
C) About half of all corporate debt is sold through the private placement market.
D) Investment banks and money center banks often assist firms with private placements.
E) A) and B)
F) A) and C)
F) A) and C)
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A) True
B) False
B) False
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