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irina [24]
3 years ago
11

In an underwritten arrangement, the investment banker assures the company that is issuing new securities that the entire issue w

ill be sold, which means the investment banker bears significant risks in such an offering.True / False.
Business
1 answer:
Fittoniya [83]3 years ago
3 0

Answer:

True

Explanation:

Underwritten agreement is a contract between an underwriter and issue of shares.

The firm commitment contract is where the underwriter assures the issuer the shares will be sold at an agreed price. This is safest for the issuer as the underwriter bears the risk of selling all the shares.

Underwritten agreement states the price, settlement date, and initial resale price.

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This is a true statement
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When dealing with a prospect who is slow and methodical, the salesperson should?
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7 0
4 years ago
In 2020, Bertha Jarow had a $28,000 loss from the sale of a personal residence. She also purchased from an individual inventor f
mina [271]

Answer and Explanation:

a. The net long term capital loss would be $7,000

And, the net short term capital gain would be $14,000 ($21,000 - $7,000)

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7 0
3 years ago
Charco purchased a franchise from Burger Master on January 1, 2021, for $240,000. The franchise agreement allows Charco to sell
denis-greek [22]

Answer:

$40,000.

Explanation:

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3 0
3 years ago
Economists who study macroeconomics are concerned with all of the following EXCEPT
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3 years ago
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