Author Question: Which of the following is an advantage of using private placements for debt? A) fewer and less ... (Read 68 times)

james0929 · **on:** Jul 11, 2018

Which of the following is an advantage of using private placements for debt?

A) fewer and less burdensome restrictive covenants
B) reduced costs from the elimination of the registration statement for the SEC,
investment-banking underwriting fees and distribution costs
C) lower interest costs
D) the possibility of future SEC registration

Question 2

Which of the following are fundamental concepts that nonfinancial managers need to understand?

A) How current business conditions can affect the firm's performance.
B) How to project financial statements and future investment needs.
C) How capital markets work to raise long-term capital.
D) All of the above.