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Which one of the following statements is true concerning issue costs? Group of answer choices 1. Underwriter spreads for IPOs tend to range from -3
Which one of the following statements is true concerning issue costs?
Group of answer choices
1. Underwriter spreads for IPOs tend to range from -3 to 5 percent.
2. Underwriting spreads tend to decrease as issue size increases.
3. The costs of SEOs generally exceed the costs of IPOs.
4. Issue costs tend to be higher for debt than for equity issues.
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