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Question

Under PDS, a price lower than the market price is called _____.

A
Fair price
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B
Minimum price
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C
Issue price
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D
Product price
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Solution

The correct option is A Issue price

A price lower than the market price is called issue price. The price at which a new security will be distributed to the public prior to the new issue trading on the secondary market. Also commonly referred to as offering price.


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