Ask Question
BusinessBusiness
10 May, 05:35

Investment bankers who join together to share the financial risk associated with buying an entire issue of new securities and reselling them to the public is called a (n) A) selling group. B) tombstone group. C) underwriting syndicate. D) primary market group.

+3
Answers (1)
  1. 10 May, 07:10
    0
    C.

    Explanation:

    Syndicate is a group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter.

    The issuing firm may decide that several underwriters are needed to underwrite the equity.

    The size of the syndicate varies.

    The primary underwriter is designated the Lead underwriter.

    The lead underwriter allocates portions of the offering to syndicate members.

    Syndicate members may be lead underwriters on other offerings, so the relationships are frequently based on equal stature in terms of mutual respect.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Investment bankers who join together to share the financial risk associated with buying an entire issue of new securities and reselling ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next seven years, because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $14.
Answers (1)
Suppose the average income of a citizen of Poland is higher than the average income of a citizen of Romania. You might conclude that a. Polish firms are faced with stricter government regulations than Romanian firms. b.
Answers (2)
The students at the university charged the field after the game in response to their team's loss. they vandalized the opposing team's field and the police had to be called in. this behavior is best understood in terms of:
Answers (1)
A foreign company whose sales will not affect markson's market offers to buy 2,000 units at $15.35 per unit. in addition to variable manufacturing costs, selling these units would increase fixed overhead by $1,690 for the purchase of special tools.
Answers (1)
When you call your computer manufacturer for technical support, you aren't surprised by the lilting accents of the technicians because many call centers operate in other countries, a practice called?
Answers (1)
New Questions in Business
Is its revenue stream from advertising and equipment sales growing or declining
Answers (1)
Obligations issued in the name of a government on behalf of a nongovernmental entity is called
Answers (1)
What is disable customer?
Answers (1)
A firm is most likely to pursue a global standardization strategy when
Answers (1)
Miyose Corporation, a manufacturing company, has provided the following data for the month of June: Raw materials purchased during June totaled $67,000 and the cost of goods manufactured totaled $124,000.
Answers (1)
Home » Business » Investment bankers who join together to share the financial risk associated with buying an entire issue of new securities and reselling them to the public is called a (n) A) selling group. B) tombstone group. C) underwriting syndicate.
Sign Up Forgot Password?