2. Each of the following terms is associated with one of the events beneath. Can you match them up?

a. Best efforts

b. Bookbuilding

c. Shelf registration

d. Rule 144A Events:
A. Investors indicate to the underwriter how many shares they would like to buy in a new issue and these indications are used to help set the price.
B. The underwriter accepts responsibility only to try to sell the issue.
C. Some issues are not registered but can be traded freely among qualified institutional buyers.
D. Several tranches of the same security may be sold under the same registration.
(A “tranche” is a batch, a fraction of a larger issue.)