Foundations of Financial Management
Foundations of Financial Management
16th Edition
ISBN: 9781259277160
Author: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
Publisher: McGraw-Hill Education
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Chapter 15, Problem 8DQ
Summary Introduction

To explain: The sources of funds for raising capital through private placement.

Introduction:

Private placement funds:

It is a mechanism through which capital is raised by selling the shares of a company to select investors or institutions. The company does not sell its shares in the open market.

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