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Aisha owns five percent of the outstanding stock of Water Well. The firm has decided to issue additional shares of stock and has given Aisha

Aisha owns five percent of the outstanding stock of Water Well. The firm has decided to issue additional shares of stock and has given Aisha the option to purchase five percent of those additional shares. If Aisha purchases the shares she has been offered, she will have participated in a(n)

1. private placement

2. red herring offer

3. IPO

4. general cash offer

5. rights offer

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