Question

    Underwriting commission for issue of shares, shall not

    exceed:
    A 7.5% of the price at which the shares are issued Correct Answer Incorrect Answer
    B 2% of the price at which the shares are issued Correct Answer Incorrect Answer
    C 5% of the price at which the shares are issued Correct Answer Incorrect Answer
    D 2.5% of the price at which the shares are issued Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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