Underwriting where the syndicate buys the entire issue from the issuing ﬁrm, assuming full ﬁnancial responsibility for any unsold shares, is called a _____________ offering.

Name: Underwriting where the syndicate buys the entire issue from the issuing ﬁrm, assuming full ﬁnancial responsibility for any unsold shares, is called a _____________ offering.
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A firm commitment offering is when the syndicate buys the entire issue and assumes full financial responsibility for any unsold shares.

Underwriting Where the Syndicate Buys the Entire Issue from the Issuing