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What type of market transaction is taking place

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Reference no: EM132728620

A clothing company with a subscription business model is seeking to raise capital to expand its operation. They decide to issue a small number of shares to some high-net-worth individuals that have supported the company in the past.

Problem 1: What type of market transaction is taking place?

a.)Secondary market offering
b.)Share buyback
c.)Private placement
d.)Auction

Reference no: EM132728620

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