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Consider the following statements: 1. Angel Investors are Individual investors who buy equity in small private firms. 2. The trust company represents the bondholders and

Consider the following statements: 1. Angel Investors are Individual investors who buy equity in small private firms. 2. The trust company represents the bondholders and makes sure that the terms of the debt indenture are enforced. 3. The Underwriter is a group of Institutions who jointly underwrite and distribute security issuance. Which statements are TRUE?

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