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4. 4. If an underwriter charges the public $40 per share for a new issue after having promised to pay the issuer $38 per share,
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4. If an underwriter charges the public $40 per share for a new issue after having promised to pay the issuer $38 per share, the spread per share is: A. $1 B. $2. C. $38. D. $40. t cenitalists aenerally require Step by Step Solution
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