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What type of risk does a securities underwriter assume from the issuer? a.) The risk that the issuer will default on the security b.) The
What type of risk does a securities underwriter assume from the issuer?
- a.)
- The risk that the issuer will default on the security
- b.)
- The risk that the price of the security will be set too low
- c.)
- The risk that the issuer will decide not to issue an IPO
- d.)
- The risk that the security will underperform on the open market
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