A. shares are never offered at a discount; the offer is invalid
B. the value of shares in the capital account will be lowered by 2%
C. the company incurs a loss to the tune of 2% of the offer
D. each of the subscribers loses 2% of investment

Correct Answer:

Option C – the company incurs a loss to the tune of 2% of the offer

<p>Copyright warnings! Do not copy.</p>
 

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.