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When an investment bankers acts in the function of an underwriter she a. Gives a firm commitment to purchase the securities from the corporation at
When an investment bankers acts in the function of an underwriter she
a. Gives a firm commitment to purchase the securities from the corporation at a set price
b. Guarantees that the company will not suffer a decline in earnings after taxes
c. May sell an many securities as possible and return the rest unsold
d. May give advice to management
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