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Basic Question 1 of 4
An investment bank serves as a dealer in one public bond-issuing mechanism. What is it?
B. Best effort offerings
C. Auctions
A. Underwritten offerings
B. Best effort offerings
C. Auctions
User Contributed Comments 1
| User | Comment |
|---|---|
| Antoinepo | Carefull distinghuising DEALER and BROKER. |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
contrast the issuance and trading of government and corporate fixed-income instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 5.