Which two of the following five statements are correct? Select two alternatives: As with IPOs, evidence suggests that companies over perform following a seasoned offering

Which two of the following five statements are correct?

Select two alternatives:

• As with IPOs, evidence suggests that companies over perform following a seasoned offering.
• By going public, companies give their private equity investors the ability to diversify.
• One advantage of an initial public offering (IPO) for the company is that the standards and requirements for financial reporting become lower after IPO.
• An important consideration for investors in private companies is their exit strategy, that is how they will eventually realize the return from their investment.
• Typically the issuance and transaction costs of raising equity capital are much lower for a firm compared to the costs of raising the same amount of debt financing.