Zync Corporation Offers a Block of Its Securities for Sale

question 20

Multiple Choice

Zync Corporation offers a block of its securities for sale to the investment banker that submits the highest price of all interested investment bankers. This procedure is known as a _____. 

• A)financial intermediation
• B)negotiated deal
• C)competitive bid
• D)shelf registration
• E)dual listing

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Definitions:

Group Equity

The collective interest of all shareholders in the total equity of a conglomerate or group of companies under common control.

Ownership Interest

The proportion of an entity owned by a particular investor, reflecting the extent of their legal claim on assets and earnings.

Characterised

Described in terms of distinctive qualities or features.

Direct

In financial and business contexts, this term refers to a method or approach that involves straight interaction without intermediary channels, often used in marketing to describe direct communication or sales to customers.