For which two of the following situations does an investment bank typically sign a confidentiality agreement with a public company in order to obtain non-public financial projections?
I. Precedent transactions analysis
II. Valuation in anticipation of potential sell-side advisory role
III. Financial analysis on potential capital markets transaction
IV. Determination of current bond yields
A) I and III
B) I and IV
C) II and III
D) II and IV
Answer: C