Arguments to explain why most equity issues are, Financial Management

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Arguments to explain why most equity issues are

Arguments to explain why most equity issues are underwritten versus sold through a rights offering are:

underwriters buy at an agreed upon price and bear some risk of selling the issue.

cash proceeds are available sooner in underwriting and the issue is available to a wider market.

investment bankers can provide market advice and certify the issue for potential investors.

All of these.

None of these.

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Financial Management: Arguments to explain why most equity issues are

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