Zync Corporation decides that instead of simply offering a block of its debt securities for sale to the investment banker that submits the highest price, it should come up with a plan with a single investment banker. The procedure that the company has decided to follow is known as a _____.?
A. best-efforts arrangement?
B. ?competitive bid
C. ?negotiated deal
D. ?trade-through arrangement
E. ?financial intermediation
Answer: C
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