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Commerce · Q2065

Accounting

Graduate and Post Graduate · Commerce · question 2065

Q2065

Which of the following statement is correct?

A.
Rights shares are first offered to employees
B.
Rights shares are offered in lieu of dividends
C.
Rights shares are offered to the existing shareholders in proportion to the equity shares held by them
Answer
D.
Rights shares are those shares which are offered to the promoters

Answer: Option C

Solution

Answer: Option C
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