Use the figure below to answer the following questions. 
Figure 1A.4.3
-In Figure 1A.4.3,x is
Definitions:
Underwriter's Buying Price
The price at which an underwriter purchases securities from the issuer to resell in a public offering.
Oversubscription Privilege
Allows shareholders to purchase unsubscribed shares in a rights offering at the subscription price.
Rights Offering
An opportunity for existing shareholders to purchase additional shares of a company at a predetermined price before the company offers them to the general public.
Underwriting Provision
A term in an agreement that outlines the responsibilities and risks taken by an underwriter in facilitating a public offering of securities.
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