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10. The difference between the price an underwriter pays an issuer and the underwriter's offering price is called the: A. spread. B. margin. C. offer
10.
The difference between the price an underwriter pays an issuer and the underwriter's offering price is called the:
A.
spread.
B.
margin.
C.
offer differential.
D.
firm commitment.
E.
underwriting capital.
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