How Do Investment Bankers Generate Revenues for Their Firms

question 164

Multiple Choice

How do investment bankers generate revenues for their firms?

• A) They invest their own funds, or the funds of others, in mutual funds and commodities.
• B) They earn commissions by managing the investments of insurance companies and mutual funds.
• C) They buy, at a discount, the entire issue of a new security and then sell the issue to investors at full price.
• D) They receive consulting revenues from the advice they offer the Securities and Exchange Commission.