A financial institution involved in underwriting the sale of new securities by buying them from the issuing firms and then reselling them to the public in the primary capital market is an:

Question

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An investment banker is a financial institution that buys newly issued securities from issuing firms and resells them to the public in the primary capital market. Investment bankers also provide a range of advisory services, including mergers and acquisitions, restructuring, and financing solutions, to their clients. Investment agents and brokers do not underwrite new securities and do not have the same level of involvement in primary capital market transactions as investment bankers. An investment dealer is a term used in Canada to refer to a securities dealer that is licensed to sell securities to the public.

A Financial Institution Involved in Underwriting the Sale of New