Final answer:
An investment bank's discount received when buying bonds from a syndicate is called a takedown, which considers the present value of expected future benefits.
Step-by-step explanation:
The discount that an investment bank receives from the public offering price when buying bonds from a syndicate is referred to as a takedown. When applying Present Discounted Value to a bond, investors need to consider potential capital gains from future sales and dividends. This assessment of future benefits compared to the present value is a critical aspect of financial investment decisions. The takedown is one way to account for this, as it reduces the present cost for the syndicate member, reflecting the benefits they expect to receive from the bond over time.
The discount that an investment bank receives from the public offering price when buying bonds from a syndicate is referred to as a. Takedown. This discount allows the investment bank to purchase the bonds at a lower cost, which can then be sold to investors at a higher price, generating a profit for the bank.