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If a corporation's management, with its superior knowledge of proposed investments, considers a security issue to be underpriced, it may react by: A. adopting shelf
If a corporation's management, with its superior knowledge of proposed investments, considers a security issue to be underpriced, it may react by:
A. adopting shelf registration, which automatically raises the issue price.
b. forgoing the security issuance and investment
c. lowering the price of the existing new shares
d. increasing the number of shares to be sold.
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