Question: When a customer buys a new stock issue from a syndicate member, the customer pays: A the public offering price as stated in the prospectus

When a customer buys a new stock issue from a syndicate member, the customer pays:

A the public offering price as stated in the prospectus plus a commission

B the public offering price as stated in the prospectus plus a mark-up

C the public offering price as stated in the prospectus without any commission

D any price since this is a negotiated market offering

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