Application Essays

question 42

Multiple Choice

Application essays:

• A) should begin with a paragraph that catches the reader's attention.
• B) should end with a summary paragraph.
• C) should use language that would be appropriate for several different positions within the same company.
• D) are formal documents that should not use the first person.
• E) use topic sentences at the end of your paragraphs.

---

Definitions:

Subscription Price

The cost at which existing shareholders can buy additional shares of a company, often at a discount.

Rights Offering

A financial mechanism by which companies offer existing shareholders the right to buy additional shares directly from the company at a predetermined price, usually at a discount, before the shares are offered to the public.

Value Of A Right

In finance, the value associated with a right, such as a stock right, which is the value to buy additional shares at a discounted price.

Market Price

The current valuation at which an asset or service is available for sale or purchase in the marketplace.