When an investment bank engages in underwriting,that investment bank is taking on risk in the process of launching new securities.

Name: When an investment bank engages in underwriting,that investment bank is taking on risk in the process of launching new securities.
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When an investment bank underwrites new securities, they are taking on the risk that the securities may not sell as well as they anticipated, resulting in financial losses.

When an Investment Bank Engages in Underwriting,that Investment Bank Is