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One model of spoken word recognition proposes that words are recognized by activating the entire set of possible words based on the words initial sound (/b/ activates bow,bowl,bug,bought,etc. ) ,with a subsequent narrowing of the candidate set as more of the word is perceived.This is called the ________ model.
Rights Offering
A strategy by which companies raise additional capital, by giving existing shareholders the right to purchase additional shares at a predetermined price, usually at a discount.
Preemptive Privilege
The right given to existing shareholders to buy new shares before they are offered to the public, usually at a discount, to maintain their percentage of ownership.
Standby Underwriting
A financing arrangement in which an underwriter agrees to buy any unsold shares after a public offering.
Underpriced IPO
An initial public offering priced below its market value, often leading to immediate gains for initial investors.
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