Which of the following best defines the term red heming? a. A public issue of securities in which securities are first offered to existing shareholders. Also called a rights offering b. The purchase of securities from the issuing company by an investment banker for resale to the public. c. A preliminary prospectus distributed to prospective investors in a new issue of securities d. The creation and sale of securities on public markets. e. Legal document describing details of the issuing corporation and the proposed offering to potential investors