Series 10 Exam Question 29: Answer and Explanation
Question: 29
A syndicate may enter a stabilizing bid:
- A. Whenever the price begins to decline.
- B. At or below the offering price.
- C. To ensure an increase from the offering price.
- D. To cover overallotments only.
Correct Answer: B
Explanation:
A syndicate may only enter a stabilizing bid at or below the offering price.
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