The Underwriting Spread Includes

question 34

Multiple Choice

The underwriting spread includes

• A)all the direct costs associated with the underwriting, including the cost of obtaining a rating from a credit rating agency, if applicable.
• B)only the fees paid to the underwriter, but not other direct and indirect costs incurred by the issuer.
• C)all the costs associated with the issue, both direct and indirect.
• D)all the direct costs associated with the underwriting, but none of the indirect costs.

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