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)II,III,IV,and V only

Question

Quizplus · Accepted Answer

A general cash offer typically involves all the listed processes: registering the issue with the SEC, selling through underwriters, building a book of demand, fixing the price, and selling to the public.

A General Cash Offer Involves the Following Processes