Question

Zync Corporation offers a block of its securities for sale to the investment banker that submits the highest price of all interested investment bankers. This procedure is known as a _____.​

a. ​competitive bid
b. financial intermediation​
c. ​negotiated deal
d. ​shelf registration
e. ​dual listing

Answer 1

A. competitive bid

Step-by-step explanation:

Competitive bid -

It is a type of bid , which is basically linked to the price and the proposal by the service provider to the firm , for any type of business , is referred to as a competitive bid.

It can be associated with many other business deals.

Hence , from the question ,

The correct option is A. competitive bid .