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Lorenzo V Tan Get Rid of Investing Risk

https://medium.com/@lorenzovtan/lorenzo-v-tan-concept-and-functions-of-investment-banking-897d4a701936

Lorenzo V Tan investment banker can not sell securities at specified price, the underwriter, not the company, suffers the loss. Underwriter's gain or loss is computed using the following equation.

Lorenzo V Tan: Concept and Functions of Investment Banking

medium.com

Lorenzo V Tan: Investment bankers are financial middlemen in security offering process. They purchase securities from companies and governments and resell them to the general public. Thus, investment…

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