With Firm Commitment Underwriting, the Issuing Firm

With firm commitment underwriting, the issuing firm:

A) Is unsure of the total amount of funds they will receive until after the offering is completed.
B) Is unsure of the number of shares they will issue until after the offering is completed.
C) Knows exactly how many shares will be purchased by the general public during the offer period.
D) Accepts the entire risk of the stock offer.
E) Knows up-front the amount of money they will receive from the stock offering.