Question 41 Not yet answered Points out of 3.00 Flag question A best efforts offering is one in which Select one: O a. the underwriter bears the risk of an unsuccessful offering. o b. the investment banker acts as a principal for the issuer. oc. the investment banker acts only as a distribution agent. O d. the issue can only be privately placed. e. the investment banker guarantees a price for the issuer's securities. Previous page