Question
A company recently went public. The firm received $20.80 a share on the entire offer of 25,000 shares. An underwriter sold 23,700 shares to the
A company recently went public. The firm received $20.80 a share on the entire offer of 25,000 shares. An underwriter sold 23,700 shares to the public at an offer price of $22 a share. What type of underwriting is this?
A. Best efforts.
B. Over subscribed
C. Private placement
D. Firm commitment
E. Shelf offering
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Option Volatility And Pricing Advanced Trading Strategies And Techniques
Authors: Sheldon Natenberg
2nd Edition
0071818774, 978-0071818773
