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A relatively small company wants to issue new securities; however it is uncertain whether the markets will be receptive to the issuance. Under these circumstances,
A relatively small company wants to issue new securities; however it is uncertain whether the markets will be receptive to the issuance. Under these circumstances, an Investment Bank would likely assist in the issuance using what method of distribution:
A. best efforts underwriting B. firm commitment underwriting C. position trading D. pure arbitrage E. risk arbitrage
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