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When a company raises additional capital by selling shares directly to the public through insurance...

Commerce
WAEC 1997
When a company raises additional capital by selling shares directly to the public through insurance companies or investment houses, this is known as
  • A. rights issue
  • B. bonus issue
  • C. private placing
  • D. debenture issue
  • E. preference share issue
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Correct Answer: Option C
Explanation
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