What is the name for the rate of discount from the list price that is paid to a municipal securities underwriting group member for its sales participation?
A)commission
B)concession
C)spread
D)takedown

Name: What is the name for the rate of discount from the list price that is paid to a municipal securities underwriting group member for its sales participation? A)commission B)concession C)spread D)takedown
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

takedown. The takedown is an additional allowance on bonds sold by a member.

What Is the Name for the Rate of Discount from the List