A/An ________ facilitates the issuing and sale of bonds and for this service is paid a fee.

Question

Quizplus · Accepted Answer

An investment banker specializes in underwriting securities, including bonds, and earns a fee for facilitating the issuance and sale of these securities. Commercial bankers deal with traditional banking services such as accepting deposits and providing loans. Dealers buy and sell securities for their own account, while brokers facilitate trades between buyers and sellers for a commission.

A/An ________ Facilitates the Issuing and Sale of Bonds and for This