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JAMB Commerce 2007 Objective — Question 16

Question 16 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

The selling of new shares to existing shareholders is referred to as

A. public issue
B. offer for sale
C. bonus issue
D. right issueCorrect

Explanation

A rights issue involves offering new shares for sale to existing shareholders.

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