Question: QUESTION 3 Please mark the only incorrect statement about the Initial Public Offering (IPO) or new stock issue by an investment bank: a. in a

QUESTION 3 Please mark the only incorrect statement about the Initial

QUESTION 3 Please mark the only incorrect statement about the Initial Public Offering (IPO) or new stock issue by an investment bank: a. in a best efforts IPO, the lead underwriter has the obligation to take the deal to the market and stabilize the share price in the secondary market if needed the lead underwriter will file the new deal with the SEC C. the underwriters can distribute the red herring or preliminary prospectus for the deal before they bring the new issue to the market O d. in a successful IPO, the underwriters have the option to issue 15% more stock than the original offer size

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