Business Studies, asked by kbpandya, 9 months ago

Which of the following best describes a best efforts underwriting commitment?

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Answered by Anonymous

Answer:

plz Mention ur whole question....✌

Answered by harshittiwari0708

Answer:

Explanation:Best efforts is a term for a commitment from an underwriter to make their best effort to sell as much as possible of a securities offering. ... The opposite is a firm commitment or bought deal, in which the underwriter buys all shares or debt and has to sell it all to make money

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