A) In a Bought-out Deal (also known as a Bought Deal), the investment bank that makes the BOD: (a) Takes the company public through a public offer (b) De-lists the company (c) Holds its stake till maturity (d) Makes an Open Offer to the public (e) Exits through an Offer for Sale of secondary shares (f) Makes a preferential allotment (g) Makes the company buyback the equity

A) In a Bought-out Deal (also known as a Bought Deal), the investment bank that makes the BOD:

(a) Takes the company public through a public offer

(b) De-lists the company

(c) Holds its stake till maturity

(d) Makes an Open Offer to the public

(e) Exits through an Offer for Sale of secondary shares

(f) Makes a preferential allotment

(g) Makes the company buyback the equity.

B. Devolvement for an underwriter is the excess of his underwriting obligation over the issue subscription.

(a) Yes      (b) No

C. In best efforts underwriting, the underwriter uses his best efforts to fill in the devolvement and the  balance if any, has to be written off by the company

 (a)True       (b) False