A public offering of securities where existing shareholders of the firm have the first opportunity to buy the new securities is called a _____ offering.

Respuesta :

Answer: Right offering

Explanation:

Right offering is defined as the right collection that provide shareholders the benefit of purchasing the stock at less price or discounted rates along with the already persisting stock.It is also known as rights issue.It helps the firms to increase the capital.

This extra shares offered from the company or firm to the shareholder provide them securities and subscription warrant and that is why they are know as the rights.