When issuing new securities, which of the following decisions does the firm make by itself?
A) Deciding whether to go for a competitive bid or a negotiated deal with an investment banker
B) Deciding whether to go for a best-efforts or an underwritten issue
C) Determining the flotation costs
D) Deciding the offering price
E) Reevaluating the decisions about the size of the issue and the type of securities to be issued
Correct Answer:
Verified
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