When a firm needs to raise money via a bond issue, one of the quickest

When a firm needs to raise money via a bond issue, one of the quickest ways is through a ________.

This activity involves the purchase of a large block of securities by a large institutional investor such as a pension fund, an endowment fund, or an insurance company.
A) private placement.
B) public placement.
C) secondary offering.
D) none of the above.

ANSWER

A