Usually,only the riskiest type of firms will offer securities to the general public through

Name: Usually,only the riskiest type of firms will offer securities to the general public through
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In a best-efforts arrangement, the underwriters agree to sell as much of the offering as possible but do not guarantee the sale of all the securities. This arrangement is less secure for the issuing firm, making it more appealing to riskier firms that might not be able to secure a firm commitment from underwriters.

Usually,only the Riskiest Type of Firms Will Offer Securities to the General