Mr. X has underwritten 40,000 Shares, but the public applied for 50,000 shares. Therefore, Mr. B will get commission on the issue price of

Mr. X has underwritten 40,000 Shares, but the public applied for 50,00

1.	Mr. X has underwritten 40,000 Shares, but the public applied for 50,000 shares. Therefore, Mr. B will get commission on the issue price of
A.	4000
B.	40000
C.	50000
D.	5000
Answer» C. 50000