15.In relation to equity markets, which one in the following is correct: Select one:

a. The interest rate role of a stock exchange refers to the listing, quotation and trading in preference share securities.

b. A listed company that raises equity from existing shareholders is likely to carry out a rights issue.

c. REITS are listed trusts whose portfolio is made up of real options.

d. The main form of equity issued by a company is preference shares.

e. When shareholders can buy additional shares using their dividends, this is called dividend placement.