ch 3 An investment banker 1 often underwrites new issues of

ch 3 An investment banker 1. often underwrites new issues of securities 2. may be a division within a brokerage firm 3. facilitates the sale of new securities O 2 and 3 o all of these O 1 and 3 0 1 and 2 OUESTION q

Solution

The correct answer is:- All of these

Explanation:- The activities of investment banking include underwriting securities, acting as intermediary between an issue of security and the investing public and also acting as a broker for institutional firms.

 ch 3 An investment banker 1. often underwrites new issues of securities 2. may be a division within a brokerage firm 3. facilitates the sale of new securities

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