- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 43. Fixed-Income Markets: Issuance, Trading, and Funding
- Subject 2. Primary and Secondary Bond Markets
CFA Practice Question
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
Correct Answer: A
User Contributed Comments 1
| User | Comment |
|---|---|
| Antoinepo | Carefull distinghuising DEALER and BROKER. |