Question 7 Which if the following statements are true about an underwritten debt issue? The underwriting syndicate wants the lowest coupon rate The underwriting syndicate is irrevocably committed to providing the issue amount to the issuer The bonds are equally distributed to all members of the syndicate All of the above are true Question 4 The book runners have the sole responsibility for Marketing and distributing the issue Distributing the payment of interest and principal to the bondholders Represent the bond holders in the event of a dispute with the issuer All of the above