A(n) ________ is an institution, such as Credit Suisse First Boston, that acts as an underwriter or agent for a firm engaged in an initial public offering.
A) venture bank
B) statutory bank
C) fiduciary bank
D) investment bank
E) public bank

Question

Quizplus · Accepted Answer

An investment bank acts as an underwriter or agent for a firm engaged in an initial public offering. Option A, B, C, and E are not accurate descriptions of the types of banks involved in underwriting IPOs.

A(n) ________ Is an Institution, Such as Credit Suisse First