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The managing investment banker is responsible for A. putting a syndicate together to aid in the distribution and share the underwriting risk. B. determining the
The managing investment banker is responsible for
A. | putting a syndicate together to aid in the distribution and share the underwriting risk. | |
B. | determining the value (price) of the company. | |
C. | stabilizing the offering during the distribution period. | |
D. | all of these are the responsibility of the investment banker. |
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