SIE Exam Practice Question 568
Question: 568
Which of the following is a type of public offering auction in which the price of the offering is set after taking in all bids to determine the highest price at which the total offering can be sold?
Correct Answer: C
Explanation:
A Dutch auction is a type of public offering auction in which the price of the offering is set after taking in all bids to determine the highest price at which the total offering can be sold.
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