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JBL has issued 14 million new shares of stock. An investmentbank agrees to underwrite these shares on a best-efforts basis. Theinvestment bank is able to

JBL has issued 14 million new shares of stock. An investmentbank agrees to underwrite these shares on a best-efforts basis. Theinvestment bank is able to sell 12,825,000 shares for $75 pershare, an 2 answers

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