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Investment banks form syndicates to reduce the risk involved in selling new securities.

a. True
b. False

User Omatt
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1 Answer

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The correct answer is a, true. It is because investment banks are likely to be combined or joined to a different organization in promoting their similar interest in which showed that this is also a way of reducing the risk of having securities to be sold as they are associated with other organizations.
User OJay
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