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ohaa [14]
3 years ago
5

A(n) ________ underwrites new issues of securities for corporations, states, and municipalities needed to raise money in the cap

ital markets.
Business
1 answer:
xxMikexx [17]3 years ago
8 0

Answer:

Non Banking Institutions (Investment Bank)

Explanation:

Non Banking Institutions (Investment Bank) do not have a full banking licence and are not usually supervised by a national or international banking regulatory agency.

NBIs facilitate investment, market brokerage, contractual savings and risk pooling.

Non Bank Institutions provide avenues for transforming an economy's savings to capital investment.

One way they do this is by underwriting new issues of securities for corporations, states, and municipalities needed to raise money in the capital markets.

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The three fitness apps that Under Armour acquired are industry leading apps, with large user bases, in the fast-growing market o
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The apps stated above will be marked as <u>Stars </u>on Under Armours Market Growth/Market Share matrix.

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5 0
2 years ago
Owen decides to sell his ranch, Pine Ridge, in a live auction. When the auctioneer puts the property up for bids, it will be a.
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3 years ago
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