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Which of the following is not true concerning primary market operation? A) Public offering is the process in which firm offers its securities to public
Which of the following is not true concerning primary market operation?
A) Public offering is the process in which firm offers its securities to public investors.
B) Activities in the primary market are closely monitored by the regulatory bodies.
C) Issuing firm will appoint one investment bank to lead the underwriting syndicate.
D) Rights offering involves offering unsubscribe share to existing owner
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