Which of the following statements is NOT true?
A) Investment bankers provide three basic services when bringing securities to market-origination, underwriting, and distribution.
B) During the origination phase, the investment banker helps the firm determine whether it is ready for an IPO.
C) Origination is the risk-bearing part of investment banking.
D) Origination includes giving the firm financial advice and getting the issue ready to sell.
Correct Answer:
Verified
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