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Rights issue is the

Rights issue is the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Individual's right to be issued shares n subscription
  • B Right of shareholders to voteon issues
  • C Preferntial right to returns on shares
  • D Shares offered to existing shareholders at a cheaper price
Correct Answer: Option D
Explanation:
Right isues is an issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares.

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