When Making an Issue of Shares to the Public

question 51

Multiple Choice

When making an issue of shares to the public:

• A) if the share price is set too low, the issue will be undersubscribed.
• B) it is generally difficult to set the price at which the shares will be issued.
• C) if the share price is set too high, the issue will be oversubscribed.
• D) it is generally easy to set the price at which the shares will be issued.

---

Definitions:

Welfare Costs

Welfare costs refer to the expenses associated with providing social services and support to the needy members of a society, such as healthcare, education, and social security.

Absurdism

A philosophy stating that human beings exist in a purposeless, chaotic universe, and that the search for meaning or value is inherently futile.

DP Camps

Displaced Persons (DP) Camps were facilities in Europe for refugees and homeless individuals in the aftermath of World War II.