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Writeth thine essays without dissembling, slang, or excess verbiage. Your graders will be a lot nicer if they can understand what you're saying.
  • 1.

    In a mini-max offering that is structured as a “best efforts” underwriting, and the price is below the mini-max limit, how many shares is the underwriter committing to buy and at what price?

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  • 2.

    The clause in the commitment letter that details the underwriter’s commitment to selling a specific amount of shares is called the:


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