Which One of These Is Not a Reason Given for Issuing

Which one of these is not a reason given for issuing shares without a rights offering?

A) The risk of the subscription price exceeding the market price is significant.
B) Underwriters provide a wider distribution of shares than would be possible with a rights offering.
C) Rights must be exercised by their original owner or forfeited.
D) Underwritten issues provide funds faster than rights offerings do.
E) Investment bankers provide valuable advice.