Multiple Choice
You own 400 of the 21,000 outstanding shares of DLK stock.The firm just announced that it will be issuing an additional 3,000 shares to the general public in a cash offer at $16 per share.What type of event are you participating in if you opt to purchase 100 of these additional shares?
A) Dutch auction
B) Seasoned equity offering
C) Private placement
D) IPO
E) Rights offer
Correct Answer:
Verified
Correct Answer:
Verified
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