16. Which of the following about equity and share markets is correct?

Select one:

a. A rights issue is the issue of additional bonds to existing bondholders on a renounceable basis

b. The long-term financial viability of a company is linked to its capital structure

c. The public listing of a new company is known as a seasoned flotation

d. Dividend reinvestment schemes give shareholders the opportunity to buy bonds

e. A limited liability company means the claims of creditors are limited to the bond holders