In an initial public offering, the underwriter, or investment banker, serves to ________.
A)advise and help prepare the company's registration statement for the SEC
B)determine the price of the shares issued in the offering
C)sell the company's stock through an underwriting syndicate of other investment bankers it develops
D)All of the above

Question

Quizplus · Accepted Answer

The underwriter, or investment banker, serves to advise and help prepare the company's registration statement, determine the price of the shares issued in the offering, and sell the company's stock through an underwriting syndicate of other investment bankers it develops. Therefore, all of the options are correct.

In an Initial Public Offering, the Underwriter, or Investment Banker