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A share is under-subscribed when


Question

A share is under-subscribed when

Options

A) it is offered for sale at less than the nominal value

B) it is offered for sale at nominal value

C) the number of shares applied for is less than the offer

D) it is offered for sale at more thn norminal value

E) the number of shares applied for is more than the offer

The correct answer is C.


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