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Basic Question 1 of 4
An investment bank serves as a dealer in one public bond-issuing mechanism. What is it?
B. Best effort offerings
C. Auctions
A. Underwritten offerings
B. Best effort offerings
C. Auctions
User Contributed Comments 1
| User | Comment |
|---|---|
| Antoinepo | Carefull distinghuising DEALER and BROKER. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
contrast the issuance and trading of government and corporate fixed-income instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 5.