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17. Investment Banker is: (2 points) -Financial intermediary that specializes in assisting companies in issuing new securities and advising firms with regard to major financial

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17. Investment Banker is: (2 points) -Financial intermediary that specializes in assisting companies in issuing new securities and advising firms with regard to major financial transactions. -Purchases the security at agreed-upon price and bears risk of selling it to the public. -Group formed to share the financial risk of underwriting. -other brokerage firms that help the underwriting syndicate sell the issue to the public. O All answers are wrong

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