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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

  1. 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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