What does it mean to underwrite a new security issue? What compensation does an investment banker get

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What does it mean to “underwrite” a new security issue? What compensation does an investment banker get from underwriting a security issue?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 12:35 AM

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What does it mean to underwrite a new security issue? What compensation does an investment banker get

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Fundamentals of corporate finance

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