Which of the following statements is true about U.S. underwriting activity from 2005 to 2007?
A) Although the number of equity offerings and debt offerings were about equal, the underwriting fees generated were higher for equity.
B) There were only about half as many equity offerings as debt offerings, but the size of the offerings were twice as large.
C) There were only about half the number of equity offerings as debt offerings, but the underwriting fees generated were higher for equity.
D) There were twice as many equity offerings as debt offerings, but the proceeds raised in the debt offerings were larger.
Correct Answer:
Verified
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