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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