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AFP Certified Treasury Professional CTP Question # 388 Topic 16 Discussion

AFP Certified Treasury Professional CTP Question # 388 Topic 16 Discussion

CTP Exam Topic 16 Question 388 Discussion:
Question #: 388
Topic #: 16

A company hires an investment firm to fully underwrite a new stock issuance. Which of the parties carries the MOST risk?


A.

The public


B.

The company


C.

The company’s bond holders


D.

The investment firm


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