Which of the following statements about Goldman Sachs' underwriting activity in 2007 is true?
A) Its fees for underwriting debt were slightly higher than the fees it charged for underwriting equity.
B) The firm underwrote four times as much equity as it did debt in 2007.
C) Approximately 50% of its underwriting activity business was in the U.S.
D) Approximately 50% of its financial advisory activities were outside of the U.S.
Correct Answer:
Verified
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