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79. True or False Best Efforts refers to the issuing firm, rather than the investment banker, assumes the risk for a distribution. The investment banker

79. True or False Best Efforts refers to the issuing firm, rather than the investment banker, assumes the risk for a distribution. The investment banker merely agrees to provide his/her best effort to sell the securities. Any securities not sold by the investment banker are returned to the original issuing firm?

80. The least-used method for distributing securities by a public corporation. The securities are sold directly to the public by the corporation without the assistance of an investment banker? (Hint Sxxx Directly).

81. A group of investment bankers that jointly share the underwriting risk and distribution responsibilities in a large offering of new securities. Each participant is responsible for a predetermined sales volume?

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