Which One of These Is Not a Reason Given for Issuing

Which one of these is not a reason given for issuing shares without a rights offering?

A) The risk of the subscription price exceeding the market price is significant.
B) Underwriters provide a wider distribution of shares than would be possible with a rights offering.
C) Rights must be exercised by their original owner or forfeited.
D) Underwritten issues provide funds faster than rights offerings do.
E) Investment bankers provide valuable advice.

Correct Answer:

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