No Print Which of the following statements about the firm commitment by an in are true? 1. The investment banker does not bear the risk of an unsuccessful offering. II. The investment banker guarantees the price of the securities to the issuer. III. The investment banker executes a principal transaction. IV. The investment banker acts only as a distribution agent. V. The investment banker earns a fee for her service. VI. The investment banker profits from the price difference between the wholesale and retail prices of the security offering. Select one: a. I, III, VI Activ Go to Oh. LIV II. The investment banker guarantees the price of the securiti III. The investment banker executes a principal transaction. IV. The investment banker acts only as a distribution agent. V. The investment banker earns a fee for her service. VI. The investment banker profits from the price difference between the wholesale and retail prices of the security offering. Select one: a. I. III, VI b. I. IV. V c. II, III, VI d. II, IV, VI Ac G Oe. II, IV, V