When an investment banking firm decides whether to underwrite or market a securities issue, what is meant

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When an investment banking firm decides whether to underwrite or market a securities issue, what is meant by a firm commitment and best efforts?

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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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Question Posted: Aug 13, 2012 10:18 PM

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When an investment banking firm decides whether to underwrite or market a securities issue, what is meant

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A firm commitment by an investment bank means that th...View the full answer

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