“Trader Inc. is a $300 million company, as measured by asset value, and Horst Corp. is a $35 million company. Both are privately held corporations. Explain which firm more likely to go public and register with the SEC, and why?”
Fundamentals of Corporate Finance, 4th Edition
Robert Parrino, David S. Kidwell, Thomas Bates, Stuart L. Gillan
Solution Available in PDF File.