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    Exam 3: Non-Bank Financial Institutions
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    When an Investment Bank Guarantees a Certain Price for a Company
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When an Investment Bank Guarantees a Certain Price for a Company

Question 46

Question 46

Multiple Choice

When an investment bank guarantees a certain price for a company issuing new shares,it is acting as a/an:


A) auctioneer.
B) broker.
C) dealer.
D) underwriter.

Correct Answer:

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