Question

Which of the following statements is correct?

A. Right issues are privilege given to existing shareholders to buy the common shares at some specific price within some given time.

B. Right issues are called hybrid instruments

A a) Only A Correct Answer Incorrect Answer
B b) Only B Correct Answer Incorrect Answer
C c) Both A and B are correct Correct Answer Incorrect Answer
D d) Both A and B are incorrect Correct Answer Incorrect Answer

Solution

The correct answer is A

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