Briefly explain the distinction between the two items that make up each of the following pairs: a.

Question:

Briefly explain the distinction between the two items that make up each of the following pairs:

a. Rights issue versus general cash offering

b. Underwritten issue versus best efforts distribution

c. Originating house versus selling group

d. Seasoned issue versus secondary distribution

e. Credit risk versus market risk

f. Investment-grade bonds versus speculative-grade bonds

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...