Which of the following is generally NOT true and an advantage of going public?

Which of the following is generally NOT true and an advantage of going public?
A) Facilitates stockholder diversification.
B) Increases the liquidity of the firm's stock.
C) Makes it easier to obtain new equity capital.
D) Establishes a market value for the firm.
E) Makes it easier for owner-managers to engage in profitable self-dealings.

Download: Chapter 20 Module 8 Test

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