A private placement is most apt to involve:
A)a large number of private investors.
B)only foreign investors.
C)a life-insurance company.
D)several private securities dealers.
E)the U.S.Treasury department.

Question

Quizplus · Accepted Answer

Private placements often involve institutional investors such as life-insurance companies, which provide large sums of capital directly to the issuer without the need for public offerings.

A Private Placement Is Most Apt to Involve