Why is it costly to issue securities?
What will be an ideal response?
The investment bankers who handle the issuing of securities either to the public or to private investors are financial intermediaries, and they must be compensated for the use of their scarce resources. This compensation includes a monetary fee, but it also often includes an underwriting discount, or spread. The underwriting discount between what the corporation receives from issuing the securities and what the public pays for the securities is often a large part of the compensation of the investment bank that underwrites the issue.
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Samuel would like to use occupational prestige to measure social class, but his study is international, and prestige of occupation changes from one culture to the next
Indicate whether the statement is true or false
Observational interviews are recognized as a classification for the various methods of collecting survey data
Indicate whether the statement is true or false
It is said one needs IQ, EQ, and ______ to succeed.
a. “I got a clue” b. “Minding one’s Ps and Qs” c. “Patience in the queue” d. “Strokes of genius from the blue”
In a ____________ culture, companies emphasize both culture and solid business performance as drivers of organizational success.
Fill in the blank(s) with the appropriate word(s).