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7. An investment bank that underwrites a bond issue most likely: A. buys and resells the newly issued bonds to investors or dealers. B. acts

7. An investment bank that underwrites a bond issue most likely: A. buys and resells the newly issued bonds to investors or dealers. B. acts as a broker and receives a commission for selling the bonds to investors. C. incurs less risk associated with selling the bonds than in a best efforts offering

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