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15 August, 04:22

Investment banks form syndicates to reduce the risk involved in selling new securities.

a. True

b. False

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Answers (1)
  1. 15 August, 04:34
    0
    The correct answer is a, true. It is because investment banks are likely to be combined or joined to a different organization in promoting their similar interest in which showed that this is also a way of reducing the risk of having securities to be sold as they are associated with other organizations.
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