From the following details, compute the Net Liability of Underwriters: Total Number of shares offered to the
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From the following details, compute the Net Liability of Underwriters:
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Total Number of shares offered to the Public: 10,000 Number of Shares Underwritten by X-5,000; Y-3,000; Z-2,000 Marked Applications (shares) X-1,500; Y-900; Z-600 Unmarked Applications: 3,000 shares
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