To raise $120 million to expand operations, Premiere Movies Corporation makes a stock offering directly to sixty accredited investors and twenty sophisticated, but unaccredited investors. Premiere Movies plans to notify the SEC of sales. Under the Securities Act of 1933, this issue may qualify as an "exempt" transaction
A) as is
B) if all of the investors are also given material information about the firm, including its most recent financial statements.
C) if the offering is also made available to the general public.
D) under no circumstances.
B
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Answer the following statements true (T) or false (F)
The most common self-leadership strategies for improving athletic performance that have been used are self-goal setting and mental imagery.
Kendra is part of a team that will be preparing a presentation to the board of directors about a new product idea. What will her team likely do the first time they meet?
A) Brainstorm for ideas B) Begin their research C) Start preparing PowerPoint slides D) Start composing a first draft of the presentation
PERT had its beginnings in a military department of the United States
Indicate whether the statement is true or false
The CFO of Lenox Industries hired you as a consultant to help estimate its cost of capital. You have obtained the following data: (1) rd = yield on the firm's bonds = 7.00% and the risk premium over its own debt cost = 4.00%. (2) rRF = 5.00%, RPM = 6.00%, and b = 1.50. (3) D1 = $1.20, P0 = $35.00, and g = 8.00% (constant). You were asked to estimate the cost of equity based on the three most commonly used methods and then to indicate the difference between the highest and lowest of these estimates. What is that difference?
A. 3.00% B. 3.54% C. 2.61% D. 3.72% E. 2.67%