Question 38 (1 point) Saved Which of the following statements is correct? A) The one advantage of a cash offer is that the underwriter takes on a larger role and therefore, can credibly certify the issue's quality. B) SEO underwriting fees average about 5% of the proceeds of the issue and, as with IPOs, the variation across issues of different sizes is relatively small CAs with IPOs, evidence suggests that companies under perform following a seasoned offering D) Often the value destroyed by the price decline can be a significant fraction of the new money raised with a SEO All of the above 25 etv SA MacBook Pro $ 5 6 00 9 0 R T U F G . J K V 00 N M V - X command