Which of the Following Statements Is FALSE

question 11

Multiple Choice

Which of the following statements is FALSE?

• A)Primary shares are new shares issued by the company.
• B)Today,investors become informed about the impending sale of stock by the news media,via a road show,or through the book-building process,so tombstones are purely ceremonial.
• C)In a cash offer,the firm offers the new shares to existing shareholders.
• D)Historically,intermediaries would advertise the sale of stock (both IPOs and SEOs)by taking out advertisements in newspapers called tombstones.

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Definitions:

Negatively Correlated

A relationship between two variables where one variable increases as the other decreases, and vice versa.

Identical

Exactly alike, without any difference.

Willingness-To-Pay

The maximum amount an individual is prepared to spend to purchase a good or acquire a service, reflecting the value they place on it.

Shampoo and Conditioner

Consumer products used for hair care, with shampoo designed to clean the hair and scalp, and conditioner used to moisturize and detangle hair.