If the Offer Price of a New Issue Is Too

question 75

Multiple Choice

If the offer price of a new issue is too low,
1. demand will exceed supply
2. supply will exceed demand
3. the price of the securities will rise
4. the price of the securities will fall

• A)1 and 3
• B)1 and 4
• C)2 and 3
• D)2 and 4

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