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Define new issue market, explain any two methods of flotation in this type of market. |
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Answer» (i) Offer Through Prospectus: It is the method of floating new ISSUES by inviting SUBSCRIPTIONS from the PUBLIC through issue of prospectus. (ii) Offer for Sale: It is the method in which the SECURITIES are not issued directly to the public but through intermediaries like issuing houses or stock brokers. |
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