The Direct Interactive Publishing Company is planning to raise €200 million euros in new capital. There are currently 50 million shares outstanding with an estimated market price of €60 each.The corporate officers are debating whether to use a rights offering (with or without a standby underwriting) or have the issue fully underwritten.The company is currently listed on a regional exchange and plans to list on a national exchange after the security issue. List and explain three advantages/disadvantages of each method.
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