gsidney5415 gsidney5415
  • 17-05-2023
  • Business
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In a firm commitment, the underwriter:
A. Encounters virtually no risk because the spread is fixed
B. Is allowed to sell the shares at any price they choose
C. Is protected against being stuck with unsold shares
D. Is allowed to sell the shares at a price slightly higher than the price they paid to the company

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