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The figure below shows equilibrium in an aggregate demand-aggregate supply model.In this figure,the shift from AS to AS' is likely to occur when:
Figure 10.3
Bought Deal
One underwriter buys securities from an issuing firm and sells them directly to a small number of investors.
Best Efforts Underwriting
a commitment by underwriters to make their best effort to sell as many shares as possible of an offering.
Firm Commitment Offer
An underwriting or lending agreement where the underwriter or lender guarantees to purchase all the securities at a set price, assuming full financial risk.
Venture Capital
Financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.
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