Question

    It is a special provision in an IPO prospectus, which

    allows underwriters to sell investors more shares than originally planned by the issuer. This would normally be done if the demand for a security issue proves higher than expected.
    A whiteshoe option Correct Answer Incorrect Answer
    B blueshoe option Correct Answer Incorrect Answer
    C greenshoe option Correct Answer Incorrect Answer
    D blackshoe option Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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