Suppose you heard that an investment bank decided not to form a syndicate to underwrite an issue

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Suppose you heard that an investment bank decided not to form a syndicate to underwrite an issue of securities. What does this piece of information tell you about the quality of the securities soon to be offered?

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Financial Markets And Institutions

ISBN: 9780138043681

10th Edition

Authors: Frederic S Mishkin, Stanley Eakins

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Question Posted: Apr 09, 2024 12:02 AM

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Suppose you heard that an investment bank decided not to form a syndicate to underwrite an issue

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Financial Markets And Institutions

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