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Generally, underwriters provide the following services to the issuing firm in the IPO process: I) provide advice; II) buy some or all of the new
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Generally, underwriters provide the following services to the issuing firm in the IPO process:
I) provide advice;
II) buy some or all of the new issue;
III) make the best efforts to sell the shares, but don't buy shares from the issuing firm
A. I and II only
B. I, II, and III
C. I only
D. I and III only
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