When a corporation wants to raise funds by issuing new shares or bonds, it generally uses the services of

Question

Quizplus · Accepted Answer

When a corporation wants to raise funds by issuing new shares or bonds, it generally uses the services of an investment banker who can help the corporation with the process of underwriting, pricing, and distributing the new securities. Commercial lenders provide loans and financing, but they do not assist with issuing new securities. The SEC is a regulatory agency that oversees securities markets, but it does not help corporations raise funds. The Johannesburg Securities Exchange is a specific stock exchange and does not offer services to individual corporations.

When a Corporation Wants to Raise Funds by Issuing New