The offer of new shares to existing shareholders at a discount on market price, in proportion to
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Question:
The offer of new shares to existing shareholders at a discount on market price, in proportion to the amount of their current holding, is known as:
a preference issue
a bonus issue
a share option
a rights issue an offer for sale
Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0133836790
11th edition
Authors: Frederic S. Mishkin
Posted Date: