A general cash offer involves the following processes:
I.register the issue with the SEC;
II.sell the securities through an underwriter or a syndicate of underwriters;
III.have underwriter build up a book of likely demand for the securities
IV.price of the issue is fixed;
V.sell the securities to the public
A) I, II, and III only
B) I, II, and IV only
C) I, II, III, IV, and V
D) I, III, IV, and V only
Correct Answer:
Verified
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