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
Question
Book Icon
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.

Blurred answer
Students have asked these similar questions
Q7
Why should long-term investments have to be financed by long-term sources of funds? (Atleast 5 Sentences)
6.4    What is Circulating Working Capital?  To     what extent are current liabilities a     source of working capital?  Give     examples. 6.5    Financial markets are said to be useful     in facilitating raising funds and deploying     excess funds  of organizations.  How do     the financial markets facilitate these     finance functions?  Give examples.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Entrepreneurial Finance
Finance
ISBN:9781337635653
Author:Leach
Publisher:Cengage
Text book image
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:9781337514835
Author:MOYER
Publisher:CENGAGE LEARNING - CONSIGNMENT
Text book image
College Accounting, Chapters 1-27
Accounting
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:Cengage Learning,
Text book image
Intermediate Financial Management (MindTap Course...
Finance
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Cengage Learning