What does it mean to say that investment bankers underwrite a security offering? How is this different

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What does it mean to say that investment bankers underwrite a security offering? How is this different from a best-efforts offering?

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Financial Markets and Institutions

ISBN: 978-0133423624

8th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Question Posted: May 23, 2018 01:27 AM

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What does it mean to say that investment bankers underwrite a security offering? How is this different

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Financial Markets and Institutions

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