In firm underwriting, the underwriter: (a). Does not agree to buy a definite number of shares in
Question:
In firm underwriting, the underwriter:
(a). Does not agree to buy a definite number of shares in addition to unsubscribed shares
(b). Agrees to buy a definite number of shares in addition to unsubscribed shares
(c). Agrees to buy all the shares issued by the company
(d). None of the above
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