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WAEC Commerce 1993 Question 74

Question 74

Stock Exchange

New shares are offered to the public through

  1. A.acceptance houses
  2. B.the stock exchange
  3. C.issuing houses
  4. D.discount houses
  5. E.finance houses
Show the answer and explanation

Answer: C (issuing houses)

Explanation

Issuing houses manage new issues of shares for companies.