Question: The underwriter's compensation in a firm commitment issue is/are: Select one: A. Fees earned from joining the syndicate. B. Only the income earned on the

The underwriter's compensation in a firm commitment issue is/are:

Select one:

A. Fees earned from joining the syndicate.

B. Only the income earned on the Green Shoe provision.

C. The spread.

D. Up-front, direct fees.

E. The amount by which the shares are underpriced.

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