Question: QUESTION 3 Eatless recently went public and received $24 per share for 450,00 shares. GoldmanDown was the underwriter and it sold shares to the public

 QUESTION 3 Eatless recently went public and received $24 per share

QUESTION 3 Eatless recently went public and received $24 per share for 450,00 shares. GoldmanDown was the underwriter and it sold shares to the public at $25.50 a share. What type of underwriting was this? O Firm commitment Shelf Oversubscribed Private placement Best efforts QUESTION 6 Which one of the followings is not correct for diversification? Diversification benefit may not be achieved by just holding a lot of assets. For a well-diversified portfolio, the beta shouldn't be far away from 1. An international portfolio with a numerous countries of investments can benefit from diversification. Unsystematic risk can not be diversified away. with diversification, expected returns should be correlated more with systemeatic risks than unsysternatic risk. QUESTION 7 The cost of preferred stock is not related to dividend yield. is equal to the yield to maturity. is highly dependent on the dividend. o is independent of the stocks price decreases when tax rates increase

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