Underwriters are less concerned with the fees from their activities than simply the amount of dollars underwritten.

Name: Underwriters are less concerned with the fees from their activities than simply the amount of dollars underwritten.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Investment bankers make a commitment to purchase shares at a discount to the public price and sell at the offered price. The difference is their fee, which is their profit. A company must be concerned with profit to stay in business.

Underwriters Are Less Concerned with the Fees from Their Activities