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In a best efforts underwriting offer, Select one: O a. the investment bank is compensated based on the number of securities sold. O b. the

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In a best efforts underwriting offer, Select one: O a. the investment bank is compensated based on the number of securities sold. O b. the risk of the securities not selling or not selling at a desired price is borne by the issuing firm, not the investment bank. O c. typically, the smaller and more risky issues are forced to use this type of offering. O d. all of the above are true

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