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What does it mean to underwrite a share issue?

User Sjahan
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In the securities market, underwriting involves determining the risk and price of a particular security. It is a process seen most commonly during initial public offerings, wherein investment banks first buy or underwrite the securities of the issuing entity and then sell them in the market.
User Ethan Bradford
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Step-by-step explanation:

What does it mean to underwrite a share issue

User Nerdio
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