During which stage of the underwriting process does the investment bank offer the "red herring" summary prospectus to the public? Sales and distribution stage Origination stage Underwriting stage Founders' financing stage O none of the above QUESTION 31 Under a Passive Management Strategy, which approach involves the use of historical information on price changes and correlations between securities as input in order to determine the composition of a portfolio that will minimize tracking error with a given market index (benchmark). Sampling strategy Third-level strategy Full replication Quadratic Optimization Mean-Variance Arbitrage strategy