Explain the role of investment banks as underwriters, and explain the term syndicate in this context.
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Explain the role of investment banks as underwriters, and explain the term “syndicate” in this context.
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Investment banks play a crucial role in the financial markets as underwriters especially in the issuance of new securities by corporations or governme...View the full answer
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Related Book For
Money Banking And The Financial System International Edition
ISBN: 978-1292000183
2nd Edition
Authors: R. Glenn Hubbard ,Anthony P Obrien
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