What was the initial pricing strategy for the stock discussed in the video?
Citizens Financial IPO Priced Below Market Range

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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Priced above the marketed range
Priced without a range
Priced below the marketed range
Priced at the marketed range
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By when does RBS need to spin off the company completely?
December 2016 with a possible one-year extension
December 2018 with a possible one-year extension
December 2015 with no extension
December 2017 with a possible two-year extension
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What financial impact is expected when RBS sells 50% of its stake?
A gain of $3 billion
No financial impact
A loss of $300 million
A gain of $300 million
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the anticipated capital increase percentage RBS might need?
3% to 3.5%
4% to 4.5%
2% to 2.5%
1% to 1.5%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How will RBS proceed with selling off its assets?
In one large sale
By giving them away
By auctioning them
In small chunks of 10% to 15%
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