Which one of the following is a type of underwriting of securities where the final offer price is determined by investor bids?

Question

Quizplus · Accepted Answer

The type of underwriting described is a Dutch auction, where investors submit bids for the securities and the final offer price is determined by the bids. Private placement refers to the sale of securities to a small group of investors, while best efforts and initial public offerings involve the underwriter committing to purchase and resell the securities themselves. The Green Shoe option is a provision that allows the underwriter to sell additional shares if there is high demand.

Which One of the Following Is a Type of Underwriting