7. The underwriter is required to investigate and verify the client firm's information and this requirement is called A. B. red herring due diligence underwriter spread None of the above C. D. 8. A. B. C. D. After the IPO process is complete, the underwriter is obligated to stabilize the stock price, provide for an analyst to analyze the stock and issue recommendations make a market in the stock all of the above are true. Most companies prefer an offer price between 9. A. B. C. D. $20-$25 $20-$30 $10-$20 $5-$10