An investment bank is an agent that works with the firm to meet all the listing requirements of the bond issue,the design of the bond terms,the marketing of the bond,and the auction of the bond.

Question

Quizplus · Accepted Answer

This statement is true as an investment bank acts as an intermediary between the issuer of the bond and the investor community, and facilitates the entire bond issuance process from start to finish, including meeting the listing requirements, designing bond terms, marketing the bond, and conducting the auction.

An Investment Bank Is an Agent That Works with the Firm