In an underwritten offering, the risk that the entire issue may not be sold to the public at the stipulated offering price is borne by the:

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In an underwritten offering, the risk that the entire issue may not be sold to the public at the stipulated offering price is borne by the:

A.

issuer.

B.

investment bank.

C.

buyers of the part of the issue that is sold.

正确答案B
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