select one answer

On average, a company planning to raise fresh equity capital by selling a large new issue of ordinary shares will minimise the selling costs for the issue where:

Group of answer choices

the issue is made on a pro-rata basis

a prospectus is issued with a real diamond attached to the cover of each document.

none of the given answers

the issue price is made at a price well above the current share price

the issue is not underwritten

the issue is underwritten