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A Stock Is Said to Sell "Ex-Rights

Question 70

Multiple Choice

A stock is said to sell "ex-rights"


A) when the period in which the subscription privilege is to be exercised has expired.
B) when the stockholder no longer has the ability to transfer stock ownership.
C) after the rights have all been exercised and the new issue is completely sold.
D) after the terms of the subscription have been made public.

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