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    Foundations of Financial Management Study Set 4
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    Exam 17: Common and Preferred Stock Financing
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    The Subscription Rate of a New Offering Is Generally ________
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The Subscription Rate of a New Offering Is Generally ________

Question 67

Question 67

Multiple Choice

The subscription rate of a new offering is generally ________ than the rights-on price and ________ than the ex-rights price.


A) higher; higher
B) higher; lower
C) lower; higher
D) lower; lower

Correct Answer:

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