Under writer spread is subtracted from gross proceeds to calculate
A. Gross proceeds
B. cumulative proceeds
C. non cumulative proceeds
D. net proceeds
Answer: Option D
Solution(By Examveda Team)
Under writer spread is subtracted from gross proceeds to calculate net proceeds. Net proceeds are the amount the seller receives following the sale of an asset after all costs and expenses are deducted from the gross proceeds.This Question Belongs to Management >> International Finance And Treasury
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