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Many times we read in financial newspapers/magazines about "Share Swap" done by big corporates. What is "Share Swap"?

(A) A business takeover in which acquiring company uses its own stock to pay for the acquired company
(B) When a company uses its own shares to get some short term loan for working capital requirement, it is known as Share Swap
(C) When companies are required to float a new issue to earn capital for their expansion programmes, each shareholder gets some additional preferential shares. The process of the allotment of preferential shares is known the as Share Swap.

🗓 Dec 28, 2021

Answer is "Only A"

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Zoe 🌐 India
Loved in it, thanks
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Sanket 🌐 India
Thanks, I will pass in exam now :)
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