The underwriting syndicate of a bond offering is
A) a group of investment banks,merchant banks,and the merchant banking arms of commercial banks that agree to buy the bond from the issuer and then resell it.
B) a group of investment fund managers,brokers,and dealers who specialize in the secondary bond market.
C) a group of investment banks,merchant banks,and the merchant banking arms of commercial banks that specialize in some phase of a public issuance.
D) none of the options
Correct Answer:
Verified
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