The under writer spread is subtracted from gross proceeds to calculate Options: A . &nbspGross proceeds B . &nbspcumulative proceeds C . &nbspnon-cumulative proceeds D . &nbspnet proceeds

The under writer spread is subtracted from gross proceeds to calculate

Question

The under writer spread is subtracted from gross proceeds to calculate

Options:

A . Gross proceeds

B . cumulative proceeds

C . non-cumulative proceeds

D . net proceeds

Answer: Option D
Answer: (d).net proceeds

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