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The Privilege That Allows (Existing) Shareholders to Purchase Unsubscribed Shares

Question 71

Multiple Choice

The privilege that allows (existing) shareholders to purchase unsubscribed shares in a rights offering at the subscription price is called the ______________ privilege.


A) Standby.
B) Oversubscription.
C) Open offer.
D) New issues.
E) Overallotment.

Correct Answer:

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