Question

issues was
-
ATC Lid issued 50000 Equity shares The
issues was underwritten as follows
P-40% -30% R- 30%
Applications received for 40,00 shares out of which the following were the marked application P-10000 shares Q-5000 shares R-10000 shares
Unmarked applications had to be distributed in the gross liability ratio
calculate the liability of the underwriters​

Answer 1

Answer:

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