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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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
contrast the issuance and trading of government and corporate fixed-income instruments
CFA® 2024 Level I Curriculum, Volume 4, Module 5.