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Investment bankers do not price an issue too high and are selective about the riskiness of issue handled because: Multiple Choice there is more money
Investment bankers do not price an issue too high and are selective about the riskiness of issue handled because: Multiple Choice there is more money to be made by using the green shoe option than being concerned about pricing. they want to satisfy their customers, stay in business and protect their good name or reputational capital. the pecking order of investment bankers restricts price setting. they do not know what to price a security at
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