Placement of financial issue in which investment bank and municipality together finds large buyers is classified as

A. reserve placement

B. federal placement

C. private placement

D. government placement

Answer: Option C

Solution(By Examveda Team)

Placement of financial issue in which investment bank and municipality together finds large buyers is classified as private placement. Raising adequate capital is integral to building and growing a business, and companies usually go the initial public offering (IPO) route. An alternative is the capital raising event known as a private placement.