Multiple Choice
A stock is said to sell "ex-rights"
A) when the period in which the subscription privilege is to be exercised has expired.
B) when transfer of stock ownership no longer carries with it the privilege of subscription.
C) after the rights have all been exercised and the new issue is completely sold.
D) after the terms of the subscription have been made public.
Correct Answer:
Verified
Correct Answer:
Verified
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