开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

柏小颖 · 2020年03月13日

问一道题:NO.PZ2018062002000030 [ CFA I ]

问题如下:

A company chooses an underwritten offering method to sell its shares. In an underwritten offering, there is a risk that the issue may be undersubscribed at the stipulated offering price. which of the following statements is correct?

选项:

A.

The risk is borne by the issuer.

B.

The risk is borne by the investment bank.

C.

The risk is borne by the buyers of the part of the issue that is sold.

解释:

B is correct.

In an underwritten offering, there is a risk that the issue may be undersubscribed at the offering price. The risk is borne by the investment bank. The investment bank need to buy the unsold securities at the offering price, if the entire issue is not sold.

这题不能理解,老师能解释一下吗?谢谢
1 个答案

maggie_品职助教 · 2020年03月14日

嗨,从没放弃的小努力你好:


这里考察的是承销的两种方式,请看下面讲义:

 

在Underwritten Offering 下,投资银行承诺发行人,股票会以协商的价格卖出,如果销售不完,剩余部分也会由投资银行自行买入。发行人不承担风险。


-------------------------------
努力的时光都是限量版,加油!


  • 1

    回答
  • 0

    关注
  • 654

    浏览
相关问题