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    Financial Management Theory and Practice Study Set 1
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    Exam 14: Initial Public Offerings Investment Banking and Financial Restructuring
  5. Question
    Investment Banks Sometimes Act as an Agent for the Issuer
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Investment Banks Sometimes Act as an Agent for the Issuer

Question 13

Question 13

True/False

Investment banks sometimes act as an agent for the issuer on a best efforts basis,whereby they are paid with a fixed commission.

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