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In a firm commitment underwriting of a municipal bond issue, when the syndicate manager makes the sale, the compensation is A) the selling concession. B) the manager's fee.…

In a firm commitment underwriting of a municipal bond issue, when the syndicate manager makes the sale, the compensation is A) the selling concession. B) the manager's fee.…
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In a firm commitment underwriting of a municipal bond issue, when the syndicate manager makes the sale, the compensation is

A) the selling concession.
B) the manager's fee.
C) the spread.
D) the total takedown.

asked
User JJussi
by
8.2k points

1 Answer

6 votes

Answer:

a

Step-by-step explanation:

answered
User Daniel Abou Chleih
by
9.1k points
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