IN negotiated sale, the services provided by the investment banks are __________?
Correct answer: D. both a and c
- A. origination services
- B. document collection services
- C. advising services
- D. both a and c
Explanation
In a negotiated sale, the investment bank commonly helps originate the issue and advises the municipality on pricing and terms. Document collection is not the defining service, so both origination and advising are included.
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