Which of the following statement is correct? The term "leaving money on the table" refers to the situation where an investment bank makes a very low bid for the right to underwrite a firm's new stock offering. The banker is, in effect, "buying the job" with the low bid and thus not getting all the money his firm would normally earn on the job. Once approved with a shelf prospectus, firms have the right to sell new stocks anytime over then 25 months by providing investors with a prospectus supplement Going public establishes a market value for the firm's shares, and also ensures that a liquid market will continue to exist for the firm's shares. This is especially true for small firms that are not widely followed by security analysts. Investment banks sometimes act as an agent for the issuer on a best efforts basis, whereby they are paid a fixed dollar commission