An investment bank is a financial intermediary that specializes in helping firms raise financial capital in primary markets.

Question

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An investment bank is a financial institution that provides a range of financial services, but one of their main functions is to assist companies in raising capital through the sale of securities in the primary market. This is often done through initial public offerings (IPOs) or the issuance of new debt or equity instruments.

An Investment Bank Is a Financial Intermediary That Specializes in Helping