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Author Question: An investment banker's main responsibility is to help firms work out the financial details of ... (Read 63 times)

maychende

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An investment banker's main responsibility is to help firms work out the financial details of issuing new securities before a public offering. This can include assisting the firm with the planning and market assessment phase, providing assistance with SEC details, and deciding whether to sell the stock via a firm commitment or a best efforts approach.
 
 Indicate whether the statement is true or false

Question 2

Maurice and Stanley have sold stock to eight of their friends and have enough money to expand the business and to open another store. During a shareholders' meeting, Maurice, Stanley, and the eight other shareholders unanimously agreed that it would be better to pass through the company's profits and losses like a partnership. All of the shareholders are individuals and United States citizens. The shareholders could vote to change the corporation into a(n)
 A) S-corporation.
  B) limited liability company.
  C) alien corporation.
  D) foreign corporation.



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bigcheese9

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Answer to Question 1

True

Answer to Question 2

A




maychende

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Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it


kjohnson

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Reply 3 on: Yesterday
Excellent

 

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