The fixed price at which the stock is purchased from issuer by the investment banks is called Options: A . &nbspnon-cumulative proceeds B . &nbspnet proceeds C . &nbspGross proceeds D . &nbspcumulative proceeds

The fixed price at which the stock is purchased from issuer by the investment ba

Question

The fixed price at which the stock is purchased from issuer by the investment banks is called

Options:

A . non-cumulative proceeds

B . net proceeds

C . Gross proceeds

D . cumulative proceeds

Answer: Option B
Answer: (b).net proceeds

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