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In the book building process, what is the "cut-off price"?
  • a)
    The maximum bid price received.
  • b)
    The minimum bid price received.
  • c)
    The average of all bid prices.
  • d)
    The final price at which securities are offered.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
In the book building process, what is the "cut-off price"?a)...
The cut-off price in the book building process is the final price at which the securities are offered for sale. It is determined based on the weighted average of all the bids received during the process.
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In the book building process, what is the "cut-off price"?a)The maximum bid price received.b)The minimum bid price received.c)The average of all bid prices.d)The final price at which securities are offered.Correct answer is option 'D'. Can you explain this answer?
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