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An investment bank pays $30 per share to underwrite a new stock offer. The public pays $35 per share to purchase the new stock. What

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An investment bank pays $30 per share to underwrite a new stock offer. The public pays $35 per share to purchase the new stock. What is the $5 difference called? Select one: O a. The lending spread b. The underwriting spread c. The bid-ask spread d. None of these answers are correct

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