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  3. Study Set
    Financial Management Theory and Practice Study Set 3
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    Exam 14: Initial Public Offerings, Investment Banking, and Financial Restructuring
  5. Question
    A Bought Deal Occurs When an Underwriter Buys an Issue
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A Bought Deal Occurs When an Underwriter Buys an Issue

Question 39

Question 39

True/False

A bought deal occurs when an underwriter buys an issue from a firm and sells the securities to investors without preparing a prospectus.

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