Question 47 (4 points)

Flotation costs as a percentage of the value of securities issued are ____ for ____ issues.

Question 47 options:

a)	lower; small

b)	lower; large

c)	higher; large

d)

A and C

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Question 48 (4 points)

____ is not a service that a securities firm provides in placing bonds.

Question 48 options:

a)	Origination

b)	Underwriting

c)	Distribution

d)

Advising

e)	All of the above are services securities firms provide in placing bonds

Details Question 47 (4 points) Flotation costs as a percentage of the value of securities issued are ____ for ____ issues. Question 47 options: a) lower; small b) lower; large c) higher; large d) A and C Save Question 48 (4 points) ____ is not a service that a securities firm provides in placing bonds. Question 48 options: a) Origination b) Underwriting c) Distribution d) Advising e) All of the above are services securities firms provide in placing bonds