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2) If an underwriter charges the public $40 per share for a new issue after having promised the issuer $38 per share, the spread per
2) If an underwriter charges the public $40 per share for a new issue after having promised the issuer $38 per share, the spread per share is:
A) $1.
B) $2.
C) $38.
D) $40.
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Introduction To Finance
Authors: Lawrence J Gitman, Jeff Madura
1st Edition
0201635372, 9780201635379
