Which of the following is not true about the information and advice investment bankers provide to clients?
A) It is public information that the bank compiles and makes available to anyone.
B) It is highly valued if the fees paid for it are any indication of its value.
C) It is often used to identify possible acquisition and merger candidates.
D) It helps improve the allocation of resources across the economy.

Question

Quizplus · Accepted Answer

Investment bankers provide proprietary information and advice to their clients, which is not typically made available to the public. Therefore, option A is not true. Options B, C, and D are all true statements about the information and advice investment bankers provide to clients.

Which of the Following Is Not True About the Information