Under ___________ method price of security is weighted average at which the majority of investors are willing to buy.
A
Book Building
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Pen Building
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Building
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Wood Building
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A Book Building Under book building, price of security is not decided in advance. It is determined by offer of potential investors which they may be willing to pay.