points Which of the following statements related to IPO underwriters are correct? 1. From the perspective view of the IPO firm, "best efforts is the best arrangement with the underwriter Because underwriters promise they will try their best to sell the securities 2. From the point of view of the underwriter, "Firm commitment is the riskiest arrangement with the IPO firm Because underwriters guarantee to sell shares at IPO price 3. There could be a syndicate of underwriters for IPO. But there is only one lead underwritor 4. Underwriters may only agree "Mirm commitment", if they are very confident for the IPO firm's financial health 0 1 and 2 1 and 3 3 and 4 2 and 4 Next Previous