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    Principles of Money Banking
  4. Exam
    Exam 6: The Structure and Performance of Securities Markets
  5. Question
    In Return for Their Services in the Primary Securities Market
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In Return for Their Services in the Primary Securities Market

Question 27

Question 27

Multiple Choice

In return for their services in the primary securities market, investment banks earn a fee called a(n)


A) underwriting spread.
B) bid-asked spread.
C) dealer's spread.
D) broker's spread.

Correct Answer:

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