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In a firm commitment underwriting of a municipal bond issue, when the syndicate manager makes the sale, the compensation is A) the selling concession. B) the manager's fee. C) the spread. D) the total
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May 17, 2024
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In a firm commitment underwriting of a municipal bond issue, when the syndicate manager makes the sale, the compensation is
A) the selling concession.
B) the manager's fee.
C) the spread.
D) the total takedown.
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Answer:
a
Step-by-step explanation:
Daniel Abou Chleih
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May 23, 2024
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Daniel Abou Chleih
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