Private offerings:

A. do not involve the SEC.
B. involve more time and expense than public offerings.
C. must comply with Regulation D.
D. are not a viable option for new ventures.


Answer: C

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Convertible bonds are attractive to investors because

a. they usually carry a higher rate of interest than non-convertible bonds. b. they carry a convertible interest rate that can be increased when the prime rate of interest increases. c. they can be converted into stock at the issuer's option. d. the issuing company cannot retire the bonds before maturity.

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Knoell Company paid its sales employees $15,000 in sales commissions. What impact will this transaction have on the firm's working capital?

A. Decrease it B. No impact C. Increase it D. Not enough information is provided to answer the question.

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Briefly describe the jury of executive opinion forecasting method

What will be an ideal response?

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Which of the following should not be considered when selecting a condominium?

A) Availability of companies that perform maintenance and repair services in the area B) Taxes C) Resale value D) Association dues

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