number 2 please

$14.75, how much does Murray receive? What does the bank make? 2. What are the risk implications to an investment bank from underwriting on a firm commitment versus a best-efforts basis? If you were CFO of a company doing an initial public offering, which type of underwriting would you prefer? Why? 3. You are the CFO of Connor industries and need to issue additional debt. You are deciding between a public market offering and a private placement. What should you consider in making your decision? What might cause you to lean one way versus the other? 4. What are some of the key drivers of consolidation in the investment banking sector? Lote 9