Commerce WAEC

When a company sells shares to existing shareholders at preferential rate, that is called?
When a company sells shares to existing shareholders at preferential rate, that is called?When a company sells shares to existing shareholders at preferential rate, that is called?

A. Rights issue
B. Bonus issue
C. Private placing
D. Sale by auction
E. lssue by prospectus

Correct Answer:

Option A – Rights issue

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5 years ago

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