Multiple Choice
D.L.Jones & Co.recently went public.The firm received $20.80 a share on the entire offer of 25,000 shares.Keeser & Co.served as the underwriter and sold 23,700 shares to the public at an offer price of $22 a share.What type of underwriting was this?
A) best efforts
B) shelf
C) over subscribed
D) private placement
E) firm commitment
Correct Answer:
Verified
Correct Answer:
Verified
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