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Question 12 (0.15 points) Underwriting involves: A) the investment banker selling securities on a commission basis. OB) the investment banker distributing new securities to the

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Question 12 (0.15 points) Underwriting involves: A) the investment banker selling securities on a commission basis. OB) the investment banker distributing new securities to the ultimate investors OC) the investment banker assuming the risk of selling a security issue OD) the investment banker providing advice to firms issuing securities

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