A Series 24 Sample Question

A corporation is making a public offering of one million shares and has designated that 200,000 shares be directed to employees of the company. What will the total amount of shares outstanding be as a result of this offering?

A) 1,200,000
B) 800,000
C) 200,000
D) 1,000,000

D) 1,000,000 shares will be outstanding as a result of the offering. Stock purchased by employees is still outstanding stock

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