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How different between public and private corporation?

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can u guys give explanations of risk and return in the public and private corporations, discuss how they are similar and different ?

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  1. A public corporation is one where the stock is owned by the public - anyone can buy the shares

    A private corporation is owned by the shareholders and is not traded.

    McDonalds is a public corporation - there are thousands of shareholders.

    M&M Mars is still a private company owned by the Mars family

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