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Using the ____ root-finding method, the interval is made to collapse from both directions.
Syndicated Offering
A financial transaction in which multiple lenders or underwriters jointly provide funds or purchase a security issuance.
Individual Investors
Private investors who buy and sell securities for their personal account, not on behalf of an organization.
Selling Groups
A consortium of financial institutions or broker-dealers who work together to sell a large issuance of securities, such as bonds or stocks, to the public.
Average Spread
The average spread refers to the average difference between bid and ask prices over a specified time period, measuring market liquidity.
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