Question 77 (1 point) In an underwriting arrangement the risk of not being able to sell the securities is assumed by the: Oingtitutional investors investment dealers or investment banks. commercial banks. issuer of the securities. Question 69 (1 point) IPOs are priced based on: The existing market price for the stock. Negotiations between the issuer and investors. Stock exchange regulations. Technical analysis Question 66 (1 point) An investor that does not believe in the efficient market hypothesis will employ: None of the above. technical analysis. a buy and hold strategy. an index investing strategy