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WHAT DOES IT MEAN TO UNDERWRITE A SHARE ISSUE? ❓

User Thastark
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Step-by-step explanation:

WHAT DOES IT MEAN TO UNDERWRITE A SHARE ISSUE? ❓

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User VixinG
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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 Hudson
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