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You own 2,500 shares of Googly Eyes stock. The company has just announced that it is issuing additional shares of stock. You also learned that
You own 2,500 shares of Googly Eyes stock. The company has just announced that it is issuing additional shares of stock. You also learned that you are given a chance to purchase some of these additional shares prior to the shares being offered to the general public. This type of an offer is called: |
Firm commitment offer. |
Best efforts offer. |
General cash offer. |
Priority offer. |
Rights offer. |
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