Question: Under the _ _ _ _ _ _ _ method, the underwriter buys the entire issue, while under the _ _ _ _ _ _

Under the _______ method, the underwriter buys the entire issue, while under the _______ method, the underwriter does not purchase the shares but merely acts as an agent.
Under the _______ method, the underwriter buys the entire issue, while under the _______ method, the underwriter does not purchase the shares but merely acts as an agent.
firm commitment; best efforts
negotiated offer; competitive offer
seasoned; unseasoned
competitive offer; negotiated offer
best efforts; firm commitment

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