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What type of transaction is a bought deal underwriting? a) Agency - the dealer will do his best to sell the securities to clients. b)

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What type of transaction is a "bought deal" underwriting? a) Agency - the dealer will do his best to sell the securities to clients. b) Agency the dealer will acquire the issue if there are client orders for the securities. Od Principal - the dealer will hold the issue in inventory and sell at some future time. d) Principal - the dealer will buy the issue anticipating to resell at a profit

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